PB
Prashant Bharatkumar Patel
Insolvency Professional · Resolution Professional FREE PROFILE
IPA ICSI Institute of Insolvency Professiona
AFA Lapsed till Nov -0001
Bench data unavailable
State data unavailable
IBBI Reg IBBI/IPA-002/IP-N00827/2019 -2020/12627
Cases Handled
1
1 with financial detail
Resolved
1
100% resolution rate
Liquidations
0
liquidation orders
Recovery vs Liq. Value
128.9%
natl avg 166.9%
IRP Appointments
1
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹60
Cr · across 1 mandate with figures
Total Realised
₹15
Cr · to creditors
Realised vs Claims
25.5%
across the book
Largest Mandate
₹60 Cr
KANEL INDUSTRIES LIMITED
Resolved — plan approved (1)
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Haircut |
|---|---|---|---|---|---|
|
KANEL INDUSTRIES LIMITED
L15140GJ1992PLC017024
|
IRP · Dec 2021
RP · Jan 2022
|
₹60 Cr | ₹15 Cr | 128.9% | 74.6% |
Voluntary Liquidations (5)
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Dissolved |
|---|---|---|---|---|---|
| NAISARGIK AGRITECH (INDIA) LIMITED L01119GJ1994PLC023336 |
Voluntary Liquidator · Sep 2020 |
₹0 Cr | — | — | Jul 2023 |
| REINE CHEMICALS PRIVATE LIMITED U24110GJ1991PTC015837 |
Voluntary Liquidator · Jan 2021 |
₹0 Cr | — | ₹0 Cr | Jul 2022 |
| D.P. POLYPLAST INDUSTRIES PRIVATE LIMITED U25199MH2010PTC205372 |
Voluntary Liquidator · Jun 2022 |
₹1 Cr | ₹1 Cr | ₹0 Cr | Jun 2025 |
| Mahashakti Polycoat Private Limited U25202GJ2011PTC064131 |
Voluntary Liquidator · Nov 2023 |
₹0 Cr | ₹0 Cr | ₹0 Cr | Dec 2025 |
| MASCOT CEMENT (INDIA) PRIVATE LIMITED U26940GJ2016PTC092168 |
Voluntary Liquidator · Dec 2023 |
₹4 Cr | ₹4 Cr | ₹0 Cr | Dec 2025 |
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate
100%
Recovery vs liq. value
128.9% (natl 166.9%)
Recovery vs LV (weighted)
128.9% claim-wtd
Avg haircut (resolved)
74.6% (natl 69.4%)
Sectors covered
0
Data source
IBBI Quarterly
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