Liquidation — order passed
72 of 7 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates7on this professional's record
Taken to dissolution25 still in process
Order to dissolution315 daysaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
DANESITA PHADNIS FOOD INDUSTRIES LIMITED
U15500PN2011PLC138494
|
RP · Oct 2023
|
🔒 | 🔒 | 🔒 | 8 mo
to Feb 2024
|
|
DIVYA AGRO CHEM PRIVATE LIMITED
U24219MH2009PTC192776
|
Liquidator · Oct 2024
|
🔒 | 🔒 | 🔒 | 10 mo
to Dec 2023
|
|
RAJMAL LAKHICHAND JEWELERS PRIVATE LIMITED
U24230MH1997PTC110243
|
Liquidator · Jun 2024
|
🔒 | 🔒 | 🔒 | 16 mo
to Jun 2024
|
|
SANTOSHI BARRIER FILM INDIA PRIVATE LIMITED
U25203MH2009PTC214185
|
IRP · Apr 2023
IRP · Apr 2023
RP · Jun 2023
RP · Jun 2023
|
🔒 | 🔒 | 🔒 | 6y 11mo
to Dec 2024
|
|
JSK MARKETING LIMITED
U29300MH1985PLC037465
|
RP · Dec 2019
Liquidator · Dec 2021
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Dec 2021
|
|
BHAVYA INFRASTRUCTURE INDIA PRIVATE LIMITED
U45200MH2005PTC150796
|
Liquidator · Mar 2025
|
🔒 | 🔒 | 🔒 | 3y 7mo
to Oct 2023
|
|
NORTH AMERICAN MERCANTILE INDIA PRIVATE LIMITED
U51505MH2002PTC134513
|
Liquidator · Oct 2024
|
🔒 | 🔒 | 🔒 | 9 mo
to Oct 2024
|
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
3Where 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: KHUSH INFRATECH PRIVATE LIMITED at 1,014 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
KHUSH INFRATECH PRIVATE LIMITED
U45400MH2012PTC229866
Construction & Infrastructure |
IRP · Dec 2023
RP · Feb 2024
|
1,014d past 330d limit | Inviting EoI |
|
B M G CHEMICALS PRIVATE LIMITED
U24110MH1997PTC110888
Chemicals & Plastics |
IRP · Aug 2025
RP · Sep 2025
|
393d past 330d limit | Inviting EoI |
|
DHARAN INFRA-EPC LIMITED
L45400MH2007PLC174194
Construction & Infrastructure |
IRP · Dec 2025
|
284d inside 330d | Newly admitted |
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 |
|---|---|---|
|
GAURANG PROPERTIES PRIVATE LIMITED
U70102MH2009PTC196349
Real Estate & Housing |
IRP · Sep 2023
|
3y |
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
Typical time to outcome16 months
national median 16 months · median of 7 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 Professional12
Liquidator5
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
Mumbai11 mandates
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Palak runs a median 16 months to outcome across 7 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 closing 65 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 & Infrastructure3
Other Manufacturing3
Food & Agro1
Chemicals & Plastics1
Machinery & Equipment1
Trading & Distribution1
Real Estate & Housing1
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 Palak?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.