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Home / RP Tracker / Nitin Vishwanath Panchal

Nitin Vishwanath Panchal UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00777/2017-2018/11350 CPE 235 credits
Other ServicesMachinery & EquipmentITTelecom & MediaTrading & Distribution
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Viewed 5× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 4 CIRP mandates
2
1
1
Resolved 2 Liquidation 1 Under CIRP 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 1 Under CIRP 1 Standing
Mandates
4cases
2 with financials · last appointed Apr 2024
Claims Managed
Rs 2,286Cr
across 2 cases with figures
Realised for Creditors
Rs 35Cr
1.5% of admitted claims
Resolved
2cases
67% resolution rate
Recovery vs LV
139.0%
1 of 1 beat the floor
Typical CIRP Time
45 months
nationally 16 months
Largest Mandate
Rs 2,119 Cr
GALADA POWER & TELECOMM…

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
GALADA POWER & TELECOMMU8NICATION LIMITED
L64203TG1972PLC001513
→ acquired by Amrutha Constructions Private Limited
IRP · Aug 2019
RP · Sep 2019
🔒 🔒 🔒 3y 9mo
to May 2023
ARSHIYA NORTHERN FTWZ LIMITED
U51109MH2008PLC183555
→ acquired by Athena India Opportunities
IRP · Dec 2022
IRP · Dec 2022
— — — 3y 9mo
to Aug 2026

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Distributed vs liquidation value77.0%across 1 case with both figures · whole record 79.7%
Order to dissolution24 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
TRIDENT TOOLS LIMITED
L29220MH1982PLC027046
IRP · Sep 2019
RP · Oct 2019
🔒 🔒 🔒 1y 8mo
to May 2021
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

1
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1past 330d
Longest-running live mandate: Arshiya Limited at 885 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Arshiya Limited
L93000MH1981PLC024747
Other Services
IRP · Apr 2024
RP · Apr 2024
885d 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.
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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Activity & context · vs India's IP universe
Activity — mandate count4 mandates on record
Recovery vs liquidation value139.0%
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 outcome45 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 Professional8
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
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,250 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 38% resolved (346 concluded cases)
Nitin runs a median 45 months to outcome across 3 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 855 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
Machinery & Equipment1
IT, Telecom & Media1
Other Services1
Trading & Distribution1
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