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Home / RP Tracker / Prem Kumar Garg

Prem Kumar Garg UNCLAIMED PROFILE

Insolvency Professional · Chandigarh · Active since 2017
IPA ICAI IIIPI Bench Chandigarh · North Reg IBBI/IPA-001/IP-P00346/2017-18/10647 CPE 151 credits
Others (PAPER CUP INDUSTRY)
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Career composition · 2 CIRP mandates
1
1
Resolved 1 Liquidation 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Standing
Mandates
2cases
2 with financials · last appointed May 2022
Claims Managed
Rs 32Cr
across 2 cases with figures
Realised for Creditors
Rs 7Cr
21.4% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
120.6%
1 of 1 beat the floor
Typical CIRP Time
13 months
nationally 16 months
Largest Mandate
Rs 18 Cr
SKYBLUE PAPERS PRIVATE …

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
AMAR PARKASH RICE EXPORTS PRIVATE LIMITED
U01403PB2013PTC038167
→ acquired by Mr. Ranjit Singh
IRP · Apr 2022
RP · May 2022
🔒 🔒 🔒 12 mo
to Apr 2023

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
SKYBLUE PAPERS PRIVATE LIMITED
U21029CH2014PTC035005
RP · Oct 2017
Liquidator · May 2018
🔒 🔒 🔒 13 mo
to May 2018
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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 count2 mandates on record
Recovery vs liquidation value120.6%
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 outcome13 months
national median 16 months · median of 2 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 Professional3
Liquidator1
Of these, 1 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
Chandigarh2 mandates
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Prem runs a median 13 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 20 months, weighted by how many of his cases each one holds — so he is closing 239 days faster 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
Food & Agro1
Other Manufacturing1

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