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Home / RP Tracker / Omkarchand Rikhabdas Maloo

Omkarchand Rikhabdas Maloo UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2020
IPA ICAI IIIPI Bench Ahmedabad · West Reg IBBI/IPA-001/IP-P00435/2017-18/10758 CPE 120 credits
Wholesale and Retail TradeManufacturingOthers (Solar Panel Manufacturing, Stock Broking, Waste Processing)
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Career composition · 7 CIRP mandates
1
3
2
1
Resolved 1 Liquidation 3 Under CIRP 2 Withdrawn / settled 1
Appointments by year
'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 3 Under CIRP 2 Withdrawn 1 Standing
Mandates
6cases
4 with financials · last appointed Apr 2024
Claims Managed
Rs 47Cr
across 4 cases with figures
Realised for Creditors
Rs 5Cr
11.5% of admitted claims
Resolved
1cases
25% resolution rate
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 29 Cr
Sonali Energees Private…

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
SAFFRON THERAPEUTICS PRIVATE LIMITED
U24233GJ2014PTC080089
→ acquired by Mr. Amit Singh
IRP · Sep 2023
RP · Oct 2023
🔒 🔒 🔒 13 mo
to Nov 2024

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 value98.5%across 2 cases with both figures · whole record 79.7%
Order to dissolution35 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
INTELLIGENT TEXTILE ENGINEERS PRIVATE LIMITED
U29269GJ2009PTC058708
Liquidator · Jan 2024
🔒 🔒 🔒 2y 5mo
to Jan 2024
Steps Dumsak Waste Processing Service Private Limited
U37200GJ2014PTC080098
RP · Mar 2020
Liquidator · Jan 2021
🔒 🔒 🔒 1y 6mo
to Jan 2021
Sonali Energees Private Limited
U40100GJ2009PTC056444
IRP · Jan 2020
RP · Feb 2020
Liquidator · Mar 2021
🔒 🔒 🔒 14 mo
to Mar 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

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: SIMANDHAR BROKING LIMITED at 1,995 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
SIMANDHAR BROKING LIMITED
U67120GJ2007PLC050141
Financial Services
IRP · Apr 2021
RP · Jun 2021
1,995d past 330d limit Under CIRP
AVNI YARNS PRIVATE LIMITED
U17119GJ1997PTC032448
Textiles & Apparel
IRP · Apr 2024
903d 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
RONSON PIGMENTS PRIVATE LIMITED
U24117GJ2008PTC053199
Other Manufacturing
IRP · Apr 2024
2y 5mo
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 count6 mandates on record
Typical time to outcome16 months
national median 16 months · median of 4 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
Liquidator3
Of these, 5 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
Ahmedabad7 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Omkarchand runs a median 16 months to outcome across 4 concluded mandates. The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds — so he is moving at the pace of his own forums, within a month either way.
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 Manufacturing2
Textiles & Apparel1
Pharmaceuticals1
Machinery & Equipment1
Power & Energy1
Financial Services1

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