Resolved — plan approved
7Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Sintex Industries Limited
L17110GJ1931PLC000454
→ acquired by Reliance Industries Limited jointly with Assets Care & Reconstruction Enterprise Limited- (Consortium), Mumbai
|
IRP · Apr 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Feb 2023
|
|
Mangalya Soft-Tech Limited
L32100GJ1992PLC017564
→ acquired by Ratnakar Securities Private Limited
|
IRP · Mar 2021
RP · Apr 2021
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Sep 2022
|
|
SHAKTI NUTRACEUTICALS PRIVATE LIMITED
U15400GJ2012PTC069873
→ acquired by Mr. Gunvantbhai Patel
|
IRP · Aug 2017
RP · Sep 2017
|
🔒 | 🔒 | 🔒 | 11 mo
to Aug 2018
|
|
ARC LAMICRAFT PRIVATE LIMITED
U25202GJ2007PTC049846
→ acquired by Sun Chemicals
|
IRP · Jun 2020
|
🔒 | 🔒 | 🔒 | 3y 10mo
to Apr 2024
|
|
AUM STRUCTBUILD PRIVATE LIMITED
U45201GJ2010PTC060642
→ acquired by Mr. Sanjay Patel, Director of the Corporate Debtor
|
IRP · Nov 2018
RP · Dec 2018
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2019
|
|
MUNDARA ESTATE DEVELOPERS LIMITED
U70102MH2011PLC212152
→ acquired by Jagjit Estates & Development Company Private Limited
|
IRP · Jan 2023
RP · Jul 2023
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Oct 2024
|
|
Jason Dekor Pvt Ltd
U74994GJ2003PTC042695
→ acquired by Jay Overseas Private Limited
|
IRP · Jan 2019
IRP · Jan 2019
|
🔒 | 🔒 | 🔒 | 4y 4mo
to May 2024
|
Liquidation — order passed
129 of 12 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates12on this professional's record
Taken to dissolution93 still in process
Distributed vs liquidation value106.1%across 6 cases with both figures · whole record 79.7%
Order to dissolution30 moaverage over 9 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
WELL PACK PAPERS AND CONTAINERS LIMITED
L17119GJ1994PLC023307
|
Liquidator · Jun 2018
|
🔒 | 🔒 | 🔒 | 10 mo
to Jun 2018
|
|
OASIS TRADELINK LIMITED
L51909GJ1996PLC031163
|
IRP · Feb 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Dec 2019
|
|
TARA JEWELS LIMITED
L52393MH2001PLC131252
|
IRP · Nov 2018
|
🔒 | 🔒 | 🔒 | 9 mo
to Jul 2019
|
|
H.V.SYNTHETICS PRIVATE LIMITED
U17121GJ2006PTC048378
|
Liquidator · Dec 2024
Liquidator · Dec 2024
|
🔒 | 🔒 | 🔒 | 13 mo
to Dec 2024
|
|
MERIDIAN EXTRUSIONS PRIVATE LIMITED
U25209GJ2013PTC074312
|
RP · Apr 2018
Liquidator · Oct 2018
|
🔒 | 🔒 | 🔒 | 7 mo
to Oct 2018
|
|
REDS MARINE SERVICES LIMITED
U29219GJ2012PLC070565
|
IRP · Nov 2020
RP · Dec 2020
Liquidator · Sep 2021
|
🔒 | 🔒 | 🔒 | 10 mo
to Sep 2021
|
|
RUBY CABLES LIMITED
U31109GJ1996PLC031359
|
IRP · Aug 2017
RP · Aug 2017
Liquidator · Feb 2018
|
🔒 | 🔒 | 🔒 | 6 mo
to Feb 2018
|
|
MAHENDRAKUMAR BABULAL JEWELS PRIVATE LIMITED
U36911GJ2011PTC063492
|
IRP · Nov 2018
|
🔒 | 🔒 | 🔒 | 10 mo
to Sep 2019
|
|
DMB PAPER MILLS PRIVATE LIMITED
U36998GJ1997PTC032067
|
IRP · Nov 2021
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Aug 2023
|
|
BREW BERRYS HOSPITALITY PRIVATE LIMITED
U55209GJ2008PTC054771
|
RP · Dec 2019
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 13 mo
to Jul 2020
|
|
DBS AFFORDABLE HOME STRATEGY LIMITED
U70101GJ2009PLC057477
|
IRP · Aug 2019
RP · Nov 2019
Liquidator · Dec 2020
|
🔒 | 🔒 | 🔒 | 16 mo
to Dec 2020
|
|
USHA MULTIPACK PRIVATE LIMITED
U74950GJ2001PTC039785
|
IRP · Feb 2019
RP · Mar 2019
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 5 mo
to Jun 2020
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Voluntary liquidations
4Solvent 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 dissolution2y 1mo
across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 4
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| TAARIKA FASHIONS LIMITED U17110GJ1994PLC023054
|
Voluntary Liquidator · Mar 2018 |
Rs 0 Cr | — | — | 1y 8mo to Dec 2019 |
| SAFFRON NONWOVEN PRIVATE LIMITED U18101GJ2011PTC066644
7 dated steps in the orderAhmedabad Division Bench Court -1
|
Voluntary Liquidator · May 2023 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 10 mo to Mar 2024 |
| VSN PAN PRODUCTS LIMITED U36990KA2016PLC095106
8 dated steps in the orderSPECIAL BENCH, BENGALURU
|
Voluntary Liquidator · Jan 2021 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 2y 6mo to Jul 2023 |
| Oxyzen Financial Equities And Portfolio Management Private Limited U67190GJ2007PTC052024
7 dated steps in the orderAhmedabad Court II
|
Voluntary Liquidator · Sep 2020 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 2y 10mo to Aug 2023 |
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 →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,567 ranked
At Ahmedabad bench — by mandate countTop 5% of 132
Recovery vs liquidation value98.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 5
Typical time to outcome11 months
national median 16 months · median of 19 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 Professional27
Liquidator9
Voluntary Liquidator4
Of these, 15 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
Ahmedabad17 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Pinakin runs a median 11 months to outcome across 19 concluded mandates.
The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds —
so he is closing 128 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
Textiles & Apparel3
Electronics & Electricals2
Trading & Distribution2
Chemicals & Plastics2
Other Manufacturing2
Real Estate & Housing2
Other Services2
Food & Agro1
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