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Home / RP Tracker / Nitin Daga

Nitin Daga UNCLAIMED PROFILE

Insolvency Professional · West Bengal · Active since 2022
IPA ICAI IIIPI Bench Kolkata · East Reg IBBI/IPA-001/IP-P-02213/2020-2021/13405 CPE 108 credits
Real EstateManufacturingOthers (Iron & Steel (Trading))
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Career composition · 5 CIRP mandates
2
3
Resolved 2 Liquidation 3
Appointments by year
'22'23'24'25'26
Overview Resolved 2 Liquidation 3 Voluntary 2 Standing
Mandates
5cases
4 with financials · last appointed Dec 2024
Claims Managed
Rs 296Cr
across 4 cases with figures
Realised for Creditors
Rs 51Cr
17.1% of admitted claims
Resolved
2cases
40% resolution rate
Recovery vs LV
86.4%
1 of 2 beat the floor
Typical CIRP Time
11 months
nationally 16 months
Largest Mandate
Rs 227 Cr
EAST MOND INFRA AND TRA…

Resolved — plan approved

2
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
RISHRA STEEL LIMITED
U27104WB1985PLC038682
→ acquired by Geepee Softtech Services Private Limited in consortium with JK Urbanscapes Developers Limited (formerly known as "JK Cotton Limited")
IRP · Jul 2022
RP · Aug 2022
🔒 🔒 🔒 1y 8mo
to Mar 2024
ROSEDALE DEVELOPERS PRIVATE LIMITED
U45201WB2004PTC100084
RP · Aug 2023
🔒 🔒 🔒 3y 7mo
to Oct 2025

Liquidation — order passed

3
2 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution21 still in process
Distributed vs liquidation value45.6%across 1 case with both figures · whole record 79.7%
Order to dissolution16 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
S.B. ISPAT (INDIA) PRIVATE LIMITED
U27106WB2007PTC117835
IRP · Jan 2022
RP · Feb 2022
Liquidator · Nov 2022
🔒 🔒 🔒 10 mo
to Nov 2022
KORDASH HANDLERS AND LOGISTICS PRIVATE LIMITED
U45201KA2007PTC044552
IRP · Nov 2024
RP · Dec 2024
🔒 🔒 🔒 11 mo
to Oct 2025
EAST MOND INFRA AND TRADE PRIVATE LIMITED
U74110KA2007PTC044646
IRP · Jan 2022
RP · Feb 2022
🔒 🔒 🔒 9 mo
to Sep 2022
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.

Voluntary liquidations

2
Solvent 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 dissolution4 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 DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
FARMERS COLD STORAGE (GAYA) PRIVATE LIMITED
U63023BR1959PTC000631
Voluntary Liquidator · Dec 2024
in process
BRANDSHOOTS VENTURES PRIVATE LIMITED
U74999WB2016PTC217941
7 dated steps in the order
SPECIAL BENCH (Court-I) KOLKATA
  1. Members' resolution29 Jul 2024
  2. Commencement22 Aug 2024
  3. Public announcement24 Aug 2024
  4. Claims deadline21 Sep 2024
  5. Preliminary report4 Oct 2024
  6. Final report19 Nov 2024
  7. Dissolution order1 Jan 2025
Voluntary Liquidator · Aug 2024
Rs 1 Cr Rs 0 Cr Rs 1 Cr 4 mo
to Jan 2025
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 count5 mandates on record
Recovery vs liquidation value86.4%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome11 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 Professional9
Liquidator1
Voluntary 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
Kolkata3 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Bengaluru2 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Nitin runs a median 11 months to outcome across 5 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 closing 77 days faster 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 Manufacturing1
Other Services1

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