Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
M/s SAR ISPAT PRIVATE LIMITED
U27101TN1998PTC102002
→ acquired by SHIVSAKTHI MERCANTILE PRIVATE LIMITED
|
IRP · Jan 2024
RP · Feb 2024
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Nov 2025
|
|
Pelican Biotech and Chemical Labs Private Limited
U73100KL2008PTC022486
→ acquired by Mr. Chuzattil Narayanan Manoj and Mrs. Kanakalatha
|
IRP · May 2024
RP · Jun 2024
|
Rs 4 Cr | Rs 1 Cr | 650.0% | 2y
to Jun 2026
|
|
REWARD BUSINESS SOLUTIONS PRIVATE LIMITED
U74999MH2004PTC190748
→ acquired by CONSORTIUM OF MR. RAVINDRA KHANDELWAL, MR. AJOY KUMAR MOHTA & MIS. ARSK CONSULTANTS PRIVATE) LIMITED
|
IRP · Feb 2021
RP · Apr 2021
|
🔒 | 🔒 | 🔒 | 4y 3mo
to Jun 2025
|
Liquidation — order passed
31 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution12 still in process
Order to dissolution18 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
SANTOSHI BARRIER FILM INDIA PRIVATE LIMITED
U25203MH2009PTC214185
|
Liquidator · Dec 2024
Liquidator · Dec 2024
|
🔒 | 🔒 | 🔒 | 6y 11mo
to Dec 2024
|
|
PARAKKOTT INVESTMENTS INDIA PRIVATE LIMITED
U67190MH2008PTC179535
|
IRP · Oct 2023
RP · Dec 2023
|
🔒 | 🔒 | 🔒 | 15 mo
to Jan 2025
|
|
AAM SKY GEOSPATIAL SOLUTIONS PVT. LTD.
U72200TG2015PTC098746
|
IRP · Jun 2023
RP · Jul 2023
Liquidator · Oct 2023
|
🔒 | 🔒 | 🔒 | 5 mo
to Oct 2023
|
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
8Where 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: INSTEEL ENGINEERS PRIVATE LIMITED at 1,259 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
INSTEEL ENGINEERS PRIVATE LIMITED
U28113MH2009PTC193093
|
IRP · Apr 2023
|
1,259d past 330d limit | Under CIRP |
|
Shri Aniruddha Wood Private Limited
U20200MH2003PTC141226
Other Manufacturing |
RP · Apr 2024
|
944d past 330d limit | Inviting EoI |
|
AKS ALLOYS PRIVATE LIMITED
U51101TN1994PTC026627
Trading & Distribution |
IRP · Oct 2024
RP · Nov 2024
|
697d past 330d limit | Inviting EoI |
|
ELEGANCE MALLS LIMITED
U70101DL2005PLC134697
Real Estate & Housing |
IRP · Jun 2025
RP · Jul 2025
|
470d past 330d limit | Inviting EoI |
|
K.I.(INTERNATIONAL) LIMITED
U63023TN2005PLC055189
Logistics & Transport |
IRP · Jul 2025
RP · Aug 2025
|
425d past 330d limit | Inviting EoI |
|
KAMACHI STEELS PRIVATE LIMITED
U27105TN1995PTC030850
Steel & Metals |
IRP · Oct 2025
RP · Dec 2025
|
342d past 330d limit | Inviting EoI |
|
IVRCL CHANDRAPUR TOLLWAYS LIMITED
U45203TG2010PLC070923
Construction & Infrastructure |
IRP · Nov 2025
RP · Dec 2025
|
307d inside 330d | Inviting EoI |
|
AVESTHAGEN LIMITED
U73100KA1998PLC030671
Other Services |
IRP · Feb 2026
IRP · Feb 2026
Deemed RP · Mar 2026
Deemed RP · Mar 2026
|
228d in extension | 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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,365 ranked
At Mumbai bench — by mandate countTop 20% of 438
Recovery vs liquidation value105.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 3
Typical time to outcome23 months
national median 16 months · median of 6 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 Professional26
Liquidator3
Of these, 12 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
Mumbai5 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Chennai4 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hyderabad2 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Piyush runs a median 23 months to outcome across 6 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 taking 227 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
Other Services3
Other Manufacturing2
Steel & Metals2
Construction & Infrastructure1
Trading & Distribution1
Logistics & Transport1
Financial Services1
Real Estate & Housing1
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