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 value126.0%across 1 case with both figures · whole record 79.7%
Order to dissolution63 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
GARVIT INNOVATIVE PROMOTERS LIMITED
U70102UP2010PLC041399
|
Liquidator · Oct 2025
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Oct 2025
|
|
SPM AUTO PRIVATE LIMITED
U74899DL1995PTC067579
|
IRP · Oct 2017
RP · Nov 2017
|
🔒 | 🔒 | 🔒 | 12 mo
to Oct 2018
|
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: ATS INFRABUILD PRIVATE LIMITED at 567 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
ATS INFRABUILD PRIVATE LIMITED
U45400DL2007PTC168922
Construction & Infrastructure |
IRP · Mar 2025
|
567d past 330d limit | Under CIRP |
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.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Proview Infrastructure Private Limited
U45200DL2008PTC180512
Construction & Infrastructure |
IRP · Sep 2018
IRP · Sep 2018
RP · Oct 2018
RP · Oct 2018
|
4y 1mo |
Voluntary liquidations
1Solvent 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 dissolution9 mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Masonite Doors Pvt ltd U51909DL2010PTC224614
|
Voluntary Liquidator · Apr 2019 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 9 mo to Jan 2020 |
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Typical time to outcome22 months
national median 16 months · median of 2 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
Liquidator1
Voluntary Liquidator1
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
New Delhi3 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Nirmal runs a median 22 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is taking 110 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
Real Estate & Housing1
Other Services1
Is this your profile?
This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.
Claim profile →Trying to reach Nirmal?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.