Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
SMARTERING INFRATECH PRIVATE LIMITED
U32109DL2003PTC121038
→ acquired by Mr. Parmjit Gandhi
|
IRP · Sep 2022
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Apr 2025
|
Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
HI-POINT INVESTMENT AND FINANCE PRIVATE LIMITED
U67120DL1992PTC050355
|
Liquidator · Oct 2023
|
🔒 | 🔒 | 🔒 | 5y 4mo
to Oct 2023
|
|
PADIA TIMBER COMPANY PRIVATE LIMITED
U74899DL1985PTC020751
|
Liquidator · Aug 2024
|
🔒 | 🔒 | 🔒 | 8 mo
to May 2019
|
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
3Where 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: OVRVIEW TECHNOLOGIES PRIVATE LIMITED at 1,439 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
OVRVIEW TECHNOLOGIES PRIVATE LIMITED
U74999DL2016PTC300028
Other Services |
RP · Apr 2023
|
1,439d past 330d limit | Inviting EoI |
|
HN REACON PRIVATE LIMITED
U70101DL2004PTC124645
Real Estate & Housing |
IRP · Sep 2023
RP · Nov 2023
|
1,098d past 330d limit | Inviting EoI |
|
PRIDE HOTELS LIMITED U55200DL1983PLC219781
|
IRP · Aug 2022
|
no commencement date | 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 count6 mandates on record
Recovery vs liquidation value134.7%
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 outcome30 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 Professional5
Liquidator2
Of these, 3 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
New Delhi5 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Prassan runs a median 30 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds —
so he is taking 394 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 Services2
Electronics & Electricals1
Financial Services1
Real Estate & Housing1
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