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Home / RP Tracker / Piyush Jagdish Bhansali

Piyush Jagdish Bhansali UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2023
IPA ICAI IIIPI Bench Ahmedabad · West Reg IBBI/IPA-001/IP-P-02138/2020-2021/13352 CPE 103 credits
Others (Security Services and Logistics sector, Financial Services sector)
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Career composition · 2 CIRP mandates
1
1
Liquidation 1 Under CIRP 1
Appointments by year
'23'24'25'26
Overview Liquidation 1 Under CIRP 1 Standing
Mandates
2cases
1 with financials · last appointed Jul 2024
Claims Managed
Rs 22Cr
across 1 case with figures
Resolved
0cases
0% resolution rate
Typical CIRP Time
25 months
nationally 16 months
Largest Mandate
Rs 22 Cr
GROWMORE WEALTH PRIVATE…

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
GROWMORE WEALTH PRIVATE LIMITED
U67190GJ2020PTC116169
Liquidator · Jul 2024
🔒 🔒 🔒 2y
to Jul 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

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: Shiva Industrial Security Agency (Gujarat) Limited at 1,072 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Shiva Industrial Security Agency (Gujarat) Limited
U67120GJ1997PLC032649
Financial Services
IRP · Oct 2023
1,072d 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.
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 count2 mandates on record
Typical time to outcome25 months
national median 16 months · median of 1 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 Professional1
Liquidator1
Of these, 1 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
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Piyush runs a median 25 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds — so he is taking 285 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
Financial Services2

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