Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
Steelco Gujarat Limited
L27110GJ1989PLC011748
→ acquired by Next Orbit Growth Fund III
|
IRP · Dec 2020
RP · Dec 2020
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Jul 2023
|
|
Shreebhav Polyweaves Private Limited
U17110GJ2005PTC046610
→ acquired by GMSRA Infracon Private Limited
|
IRP · Aug 2021
|
🔒 | 🔒 | 🔒 | 2y
to Sep 2023
|
|
Shreebhav Polyknits Private Limited
U17119GJ2002PTC040800
→ acquired by Novatis Fashion Pvt. Ltd. & Gargi Texofab Pvt. Ltd. (in consortium)
|
IRP · Sep 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Feb 2023
|
Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
EURO CERAMICS LIMITED
L26914MH2002PLC135548
|
RP · May 2019
Liquidator · Dec 2020
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Dec 2020
|
|
STRATUS FOODS PRIVATE LIMITED
U15400GJ2012PTC070124
|
IRP · Apr 2017
RP · May 2017
Liquidator · Jan 2019
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Jan 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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 count5 mandates on record
Recovery vs liquidation value106.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome22 months
national median 16 months · median of 5 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 Professional7
Liquidator2
Of these, 4 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
Ahmedabad4 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Nirav runs a median 22 months to outcome across 5 concluded mandates.
The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds —
so he is taking 179 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
Textiles & Apparel2
Other Manufacturing1
Steel & Metals1
Food & Agro1
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