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Home / RP Tracker / Nitesh Kumar More

Nitesh Kumar More UNCLAIMED PROFILE

Insolvency Professional · West Bengal · Active since 2019
IPA ICAI IIIPI Bench Kolkata · East Reg IBBI/IPA-001/IP-P01087/2017-18/11785 CPE 115 credits
Wholesale and Retail TradeConstructionManufacturing
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Career composition · 14 CIRP mandates
1
5
2
6
Resolved 1 Liquidation 5 Under CIRP 2 Withdrawn / settled 6
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 5 Under CIRP 2 Withdrawn 6 Standing
Mandates
8cases
Top 20% by mandate count · last appointed May 2024
Claims Managed
Rs 531Cr
across 6 cases with figures
Realised for Creditors
Rs 20Cr
3.7% of admitted claims
Resolved
1cases
17% resolution rate
Recovery vs LV
120.1%
1 of 1 beat the floor
Typical CIRP Time
22 months
nationally 16 months
Largest Mandate
Rs 484 Cr
SPS STEELS LIMITED

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
Skipper Textiles Private Limited
U52190WB1986PTC041385
→ acquired by Curtainman Online Pvt. Ltd.
RP · Dec 2019
🔒 🔒 🔒 2y 4mo
to Nov 2021

Liquidation — order passed

5
2 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution23 still in process
Distributed vs liquidation value0.0%across 1 case with both figures · whole record 79.7%
Order to dissolution36 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
SPS STEELS LIMITED
U27109WB2003PLC096537
IRP · Mar 2019
RP · May 2019
Liquidator · Jan 2020
🔒 🔒 🔒 9 mo
to Jan 2020
BIHAR STATE CONSTRUCTION CORPORATION LIMITED
U45200BR1974SGC001146
IRP · Oct 2019
RP · Nov 2019
Liquidator · Apr 2023
🔒 🔒 🔒 3y 6mo
to Apr 2023
Sarawgi Builders & Promoters Private Limited
U45400WB1995PTC072439
IRP · Oct 2019
RP · Dec 2019
🔒 🔒 🔒 16 mo
to Feb 2021
Sensetive Infra Private Limited
U70102WB2014PTC202764
IRP · Feb 2020
RP · Mar 2020
Liquidator · Jun 2022
🔒 🔒 🔒 2y 3mo
to Jun 2022
MEW SUSPENSIONS PRIVATE LIMITED
U74210JH1972PTC003271
IRP · Feb 2019
RP · Mar 2019
🔒 🔒 🔒 6 mo
to Aug 2019
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

2
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2past 330d
Longest-running live mandate: CAPRICORN ISPAT UDYOG PRIVATE LIMITED at 1,678 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
CAPRICORN ISPAT UDYOG PRIVATE LIMITED
U27109WB2004PTC100085
Other Manufacturing
IRP · Feb 2022
1,678d past 330d limit Under CIRP
SUNNY VALLEY TEA & INDUSTRIES LTD
U01132WB1918PLC002925
Food & Agro
IRP · May 2024
874d 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

6
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
NEW TOWN GRAND REALTORS LLP
AAJ5905
Construction & Infrastructure
IRP · Dec 2019
RP · Jan 2020
6y 9mo
HPCL BIOFUELS LIMITED
U24290BR2009GOI014927
Other Manufacturing
IRP · Feb 2020
6y 7mo
S and H Manufacturing and Trading Private Limited
U25192WB1999PTC088902
Other Manufacturing
IRP · Feb 2019
7y 7mo
SHANKAR FERRO ALLOYS PRIVATE LIMITED
U27102JH2004PTC010959
Other Manufacturing
IRP · Oct 2019
6y 11mo
Jay Prestressed Products Limited
U51909WB1941PLC010605
Trading & Distribution
IRP · Nov 2019
6y 10mo
IDEAL HEIGHTS PRIVATE LIMITED
U70101WB1998PTC087841
Real Estate & Housing
IRP · Dec 2019
6y 9mo
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 countTop 20% of 2,365 ranked
At Kolkata bench — by mandate countTop 20% of 192
Recovery vs liquidation value120.1%
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 outcome22 months
national median 16 months · median of 6 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 Professional20
Liquidator3
Of these, 13 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
Kolkata14 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Nitesh runs a median 22 months to outcome across 6 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 234 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
Other Manufacturing4
Construction & Infrastructure3
Trading & Distribution2
Real Estate & Housing2
Food & Agro1
Steel & Metals1
Other Services1

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