NB
Nipan Bansal
Insolvency Professional · Resolution Professional FREE PROFILE
IPA ICAI IIIPI
AFA Valid
Bench Chandigarh · North
State Punjab
IBBI Reg IBBI/IPA-001/IP-P00039/2017-2018/10100
Declared sectors
Manufacturing
Others (Paper Manufacturing, Power Generation, FMCG Industry, Textile Manufacturing, Cycle Manufacturing, Yarn Manufacturing, )
Cases Handled
9
2 with financial detail
Resolved
1
50% resolution rate
Liquidations
1
liquidation orders
Recovery vs Liq. Value
293.4%
natl avg 166.9%
IRP Appointments
2
interim — at CIRP commencement
Cases Handled (9) · 2 with financial detail
| Corporate Debtor | Role / Appointed | Admitted Claims | Haircut | Status |
|---|---|---|---|---|
|
Rishi Ganga Power Corporation Limited
U00060PB2006PLC029675
|
IRP · Jan 2018
|
₹160 Cr | 71.7% | Resolved |
|
Dunn Foods Pvt. Ltd.
U15419PB2003PTC025934
|
Liquidator · Feb 2018
|
₹123 Cr | — | Liquidation |
|
KSM Spinning Mills Ltd U17111PB2004PLC027528
|
IRP · Dec 2019
|
— | — | CIRP |
|
Cheema Spintex Ltd U17115CH1994PLC015140
|
IRP · May 2024
|
— | — | CIRP |
|
Kaur Sain Spinners Limited
U17115PB1997PLC020455
|
RP
IRP · May 2024
|
— | — | CIRP |
|
Hyosung India Private Limited U17309MH2018FTC320854
|
IRP · Jun 2024
|
— | — | CIRP |
|
Cheema Paper Mills Private Limited U21011UR2004PTC028825
|
IRP · May 2024
|
— | — | CIRP |
|
Cheema Papers Limited U21012UR1988PLC009679
|
IRP · Jun 2024
|
— | — | CIRP |
|
Kut Energy Pvt. Ltd. U40101HP2007PTC030745
|
IRP · Oct 2019
|
— | — | CIRP |
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Sector Exposure
Food & Agro
1 case
Performance Summary
Resolution rate
50%
Recovery vs liq. value
293.4% (natl 166.9%)
Avg haircut (resolved)
71.7% (natl 69.4%)
Sectors covered
1
Data source
IBBI Quarterly
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