Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Starlite Infracon Private Limited
U45400WB2013PTC189703
→ acquired by D N P Heights Welfare Association
|
IRP · Mar 2020
RP · Jul 2020
|
🔒 | 🔒 | 🔒 | 2y 3mo
to Jul 2022
|
Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value700.0%across 1 case with both figures · whole record 79.7%
Order to dissolution24 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
AXIOM ESTATES ADVISORY SERVICES PRIVATE LIMITED
U45400WB2007PTC116181
|
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Jan 2021
|
|
RAGHAV SAREES PRIVATE LIMITED
U93000WB2009PTC132421
|
IRP · Jun 2022
RP · Jul 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Aug 2023
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Under CIRP — live
1Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: BALAJEE INGOT INDIA PRIVATE LIMITED at 823 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
BALAJEE INGOT INDIA PRIVATE LIMITED
U27310WB1989PTC139464
Steel & Metals |
IRP · Jun 2024
RP · Sep 2024
|
823d past 330d limit | Inviting EoI |
Admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached. The day count runs from the insolvency commencement date (s.12 IBC). A case past 330 days is not a default by the professional: the Supreme Court struck the word “mandatorily” from that proviso in CoC of Essar Steel v Satish Kumar Gupta (2019), and time lost to the tribunal's own listing is counted in the figure. Read it as runway, not as a verdict.
Voluntary liquidations
2Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution15 mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 2
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| R.L.GOENKA SPICECHEM PRIVATE LIMITED U15495WB2007PTC117472
|
Voluntary Liquidator · Apr 2025 |
— | — | — | in process |
| CEEAN COMMERCE PVT.LTD. U51491WB1992PTC057217
4 dated steps in the orderKolkata Bench-1
|
Voluntary Liquidator · May 2023 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 15 mo to Aug 2024 |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count4 mandates on record
Recovery vs liquidation value102,500.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome16 months
national median 16 months · median of 3 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional6
Liquidator1
Voluntary Liquidator2
Of these, 3 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
Kolkata4 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Niraj runs a median 16 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds —
so he is taking 46 days longer than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Construction & Infrastructure2
Steel & Metals1
Other Services1
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