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Home / RP Tracker / Poonam Basak

Poonam Basak UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P01234/2018-2019/11957 CPE 98 credits
Wholesale and Retail TradeConstructionManufacturing
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Career composition · 7 CIRP mandates
1
2
2
2
Resolved 1 Liquidation 2 Under CIRP 2 Withdrawn / settled 2
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 2 Under CIRP 2 Withdrawn 2 Standing
Mandates
5cases
1 with financials · last appointed Apr 2026
Claims Managed
Rs 168Cr
across 1 case with figures
Realised for Creditors
Rs 40Cr
23.8% of admitted claims
Resolved
1cases
33% resolution rate
Recovery vs LV
119.8%
1 of 1 beat the floor
Typical CIRP Time
44 months
nationally 16 months
Largest Mandate
Rs 168 Cr
Kings Electronics Priva…

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
Kings Electronics Private Limited
U51395MH1999PTC117996
→ acquired by Hayaansh Opticals Pvt Ltd
IRP · Nov 2019
RP · Dec 2019
🔒 🔒 🔒 3y 9mo
to Aug 2023

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
STROS ESQUIRE ELEVATORS AND HOISTS PRIVATE LIMITED
U29253GJ2014PTC081390
IRP · Aug 2022
Liquidator · Apr 2026
3y 8mo
to Apr 2026
SUPREME INFRASTRUCTURE BOT PRIVATELIMITED
U45202MH2009PTC191231
IRP · Feb 2022
IRP · Feb 2022
🔒 🔒 🔒 2y 11mo
to Feb 2025
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: Coastal Organics Private Limited at 832 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Coastal Organics Private Limited
U24110MH1985PTC055690
Chemicals & Plastics
IRP · Jun 2024
RP · Jul 2024
832d past 330d limit Inviting EoI
PATIALA NABHA INFRA PROJECTS PRIVATE LIMITED
U70102MH2009PTC190483
Real Estate & Housing
IRP · Jun 2022
IRP · Jun 2022
776d past 330d limit 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.

Withdrawn / settled

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Hydrocons Systems Private Limited
U52599MH2006PTC164426
Trading & Distribution
IRP · Apr 2019
7y 5mo
Adkure Technologies Private Limited
U74999MH2014PTC255945
Other Services
IRP · Jan 2021
RP · Feb 2021
5y 8mo
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 count5 mandates on record
Recovery vs liquidation value119.8%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome44 months
national median 16 months · median of 3 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
Liquidator1
Of these, 7 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
Mumbai6 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Poonam runs a median 44 months to outcome across 3 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 taking 808 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
Trading & Distribution2
Chemicals & Plastics1
Machinery & Equipment1
Construction & Infrastructure1
Real Estate & Housing1
Other Services1

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