Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Afloat Textile (India) Limited
L99999MH1977PLC019658
|
IRP · Dec 2017
RP · Mar 2018
Liquidator · Dec 2021
|
🔒 | 🔒 | 🔒 | 3y 11mo
to Dec 2021
|
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
2Where 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: Alaska Creations Private Limited at 2,569 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Alaska Creations Private Limited
U17299MH2006PTC163942
Textiles & Apparel |
IRP · Oct 2019
RP · Nov 2019
|
2,569d past 330d limit | Under CIRP |
|
Buoyant Financial Advisor Pvt. Ltd.
U67100MH2009PTC197915
Financial Services |
IRP · Jan 2024
RP · Jun 2024
|
985d 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Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Paradise Consumer Products Limited
U28100MH1988PLC049613
Other Manufacturing |
IRP · Sep 2020
|
5y 11mo |
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 count3 mandates on record
Typical time to outcome48 months
national median 16 months · median of 1 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 Professional7
Liquidator1
Of these, 4 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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Preeti runs a median 48 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is taking 900 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 Services1
Textiles & Apparel1
Other Manufacturing1
Financial Services1
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