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Home / RP Tracker / Prakash Dattatraya Naringrekar

Prakash Dattatraya Naringrekar UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2018
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00270/2017-18/10783 CPE 133 credits
Others (Gaming and Media, Pharma, IT, Solar, Consultancy, Fruit product and etc.)
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Career composition · 21 CIRP mandates
3
8
6
4
Resolved 3 Liquidation 8 Under CIRP 6 Withdrawn / settled 4
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 3 Liquidation 8 Under CIRP 6 Withdrawn 4 Standing
Mandates
17cases
Top 5% by mandate count · last appointed Oct 2024
Claims Managed
Rs 1,790Cr
across 10 cases with figures
Realised for Creditors
Rs 51Cr
2.8% of admitted claims
Resolved
3cases
27% resolution rate
Recovery vs LV
111.7%
3 of 3 beat the floor
Typical CIRP Time
20 months
nationally 16 months
Largest Mandate
Rs 1,473 Cr
GOVIND RUBBER LIMITED

Resolved — plan approved

3
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
GOVIND RUBBER LIMITED
L25110MH1985PLC036320
→ acquired by Mr Brij Bhushan Gupta, Mrs Seema Gandhi, M/s. Kapivar Finlease Private Limited, Mr Mukesh Desai and Mr Iqbal Nabi (Resolution Applicant), and Mr Brij Bhushan Gupta being the lead member
IRP · Jan 2019
🔒 🔒 🔒 12 mo
to Jan 2020
Viaan Industries Limited
L52100MH1982PLC291306
→ acquired by Kundan Care Products Limited
IRP · Mar 2022
RP · Apr 2022
🔒 🔒 🔒 1y 10mo
to Feb 2024
Shreechem Pharmaceuticals Private Limited
U24230MH1997PTC105930
→ acquired by Mr. Keyur Mehta and Mr. Sanjay Mehta
IRP · May 2019
RP · Jun 2019
🔒 🔒 🔒 3y 3mo
to Aug 2022

Liquidation — order passed

8
2 of 8 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates8on this professional's record
Taken to dissolution26 still in process
Distributed vs liquidation value29.5%across 2 cases with both figures · whole record 79.7%
Order to dissolution29 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
MAGDHA CREATIVE MERCHANT LLP
AAC7804
Liquidator · Feb 2023
🔒 🔒 🔒 1y 10mo
to Jan 2023
Veer Resource and Projects Private Limited
U13206MH2011PTC217322
IRP · Aug 2018
RP · Aug 2018
🔒 🔒 🔒 11 mo
to Jun 2019
Nanai Dairy Private Limited
U15209MH2009PTC189530
IRP · Jan 2023
RP · Mar 2023
🔒 🔒 🔒 9 mo
to Oct 2023
Phoenix Aluminium Products Private Limited
U27203MH1972PTC015962
IRP · Nov 2019
🔒 🔒 🔒 1y 10mo
to Oct 2021
Paramount Wheels Private Limited
U50102MH2010PTC210802
IRP · May 2019
RP · Jul 2019
🔒 🔒 🔒 2y 7mo
to Jan 2022
Tin Time Consultancy Private Limited
U51109MH2009PTC197392
IRP · Apr 2022
RP · Jun 2022
Liquidator · Nov 2022
🔒 🔒 🔒 6 mo
to Nov 2022
Sakri IT Solutions Private Limited
U72900PN2009PTC133731
Liquidator · Jun 2023
🔒 🔒 🔒 14 mo
to Sep 2019
Altop Ishichi Solutions and Projects Private Limited
U74120MH2012PTC232521
IRP · Jun 2024
RP · Jul 2024
🔒 🔒 🔒 1y 8mo
to Feb 2026
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

6
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
6past 330d
Longest-running live mandate: Versatile Process Control Private Limited at 3,095 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Versatile Process Control Private Limited
U29299PN2008PTC131906
Machinery & Equipment
IRP · Apr 2018
3,095d past 330d limit Under CIRP
Vama Apparels India Private Limited
U51311MH1997PTC110183
Trading & Distribution
IRP · May 2018
3,050d past 330d limit Under CIRP
Signapurkar's leather House Private Limited
U19201MH2003PTC139706
Other Manufacturing
IRP · Aug 2018
RP · Sep 2018
2,974d past 330d limit Under CIRP
Nirmangold Alloys Private Limited
U28112MH2010PTC207250
Steel & Metals
IRP · Nov 2021
IRP · Nov 2021
RP · Feb 2022
RP · Feb 2022
1,765d past 330d limit Inviting EoI
Nirmiti Stamping Private Limited
U28910MH1995PTC087295
Other Manufacturing
IRP · Dec 2019
IRP · Dec 2019
1,391d past 330d limit Under CIRP
Tricom Fruit Products Limited
L67120PN1995PLC139099
Financial Services
IRP · Aug 2024
RP · Oct 2024
770d 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

4
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Centuary Agro Chemicals Private Limited
U01409PN2016PTC165184
Food & Agro
IRP · May 2019
7y 4mo
Isitva Steel Private Limited
U27109TG1994PTC018716
Other Manufacturing
IRP · Oct 2022
3y 11mo
Popular Steel Works and Agricultural Implements Private Limited
U29211MH1994PTC083651
Machinery & Equipment
IRP · Apr 2023
RP · Jun 2023
3y 4mo
Cosmic Export Solutions (India) Private Limited
U51109MH2012PTC238800
Trading & Distribution
IRP · Feb 2020
IRP · Feb 2020
RP · Jul 2020
RP · Jul 2020
6y 7mo
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 5% of 2,365 ranked
At Mumbai bench — by mandate countTop 10% of 438
Recovery vs liquidation value111.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome20 months
national median 16 months · median of 11 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 Professional36
Liquidator3
Of these, 19 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
Mumbai20 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Prakash runs a median 20 months to outcome across 11 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 66 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 & Distribution6
Other Manufacturing4
Food & Agro2
Machinery & Equipment2
Other Services2
Chemicals & Plastics1
Financial Services1
Mining1

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