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Home / RP Tracker / Punit Handa

Punit Handa UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICSI IIP Bench New Delhi · North Reg IBBI/IPA-002/IP-N00298/2017-18/10857 CPE 155 credits
Real Estate & HousingTrading & DistributionLogistics & TransportConstruction & InfrastructureTextiles & Apparel
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Viewed 5× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 6 CIRP mandates
1
1
2
2
Resolved 1 Liquidation 1 Under CIRP 2 Withdrawn / settled 2
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Under CIRP 2 Withdrawn 2 Standing
Mandates
4cases
2 with financials · last appointed Feb 2026
Claims Managed
Rs 6Cr
across 2 cases with figures
Realised for Creditors
Rs 1Cr
21.7% of admitted claims
Resolved
1cases
50% resolution rate
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 4 Cr
J V RESTAURANT 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
spectrum aero private limited
U62200DL2011PTC213169
→ acquired by Salsan Steels Private Limited; printed once as 'Salsan Steel Private Limited' (singular) at para 1.4
IRP · Mar 2024
RP · Apr 2024
🔒 🔒 🔒 10 mo
to Jan 2025

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Order to dissolution17 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
J V RESTAURANT PRIVATE LIMITED
U55101DL2013PTC252017
IRP · Oct 2019
RP · Jan 2020
Liquidator · Sep 2021
🔒 🔒 🔒 1y 10mo
to Sep 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

2
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1181–270d
1past 330d
Longest-running live mandate: mahamay building solution private limited at 1,494 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
mahamay building solution private limited
U70100DL2011PTC229258
Real Estate & Housing
RP · Feb 2024
1,494d past 330d limit Inviting EoI
KEYA BUILDTECH LLP
AAI5694
Real Estate & Housing
IRP · Jan 2026
Deemed RP · Feb 2026
248d in extension 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.

Withdrawn / settled

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
SUSHEELA TEXFAB PRIVATE LIMITED
U17291UP2012PTC052086
Textiles & Apparel
IRP · Nov 2018
7y 10mo
RUDRA BUILDWELL PROJECTS PRIVATE LIMITED
U45400DL2010PTC209159
Construction & Infrastructure
IRP · Nov 2019
3y 3mo
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 count4 mandates on record
Typical time to outcome16 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 Professional9
Liquidator1
Of these, 5 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 Delhi4 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Punit runs a median 16 months to outcome across 2 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 closing 37 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
Real Estate & Housing2
Textiles & Apparel1
Construction & Infrastructure1
Trading & Distribution1
Logistics & Transport1
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