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Home / RP Tracker / Rajeev Bal Sawangikar

Rajeev Bal Sawangikar UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00783/2017-2018/11323
Other ServicesMachinery & Equipment
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Career composition · 2 CIRP mandates
1
1
Resolved 1 Liquidation 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Standing
Mandates
2cases
2 with financials · last appointed Jan 2020
Claims Managed
Rs 12,912Cr
across 2 cases with figures
Realised for Creditors
Rs 2,043Cr
15.8% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
151.2%
1 of 1 beat the floor
Typical CIRP Time
25 months
nationally 16 months
Largest Mandate
Rs 12,884 Cr
Reliance Naval and Engi…

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
Reliance Naval and Engineering Limited
L35110GJ1997PLC033193
→ acquired by Hazel Mercantile Limited
IRP · Jan 2020
🔒 🔒 🔒 2y 11mo
to Dec 2022

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Ex-Servicemens Multipurpose Services (India) Private Limited
U74994MH1988PTC046992
RP · Aug 2018
Liquidator · Sep 2019
🔒 🔒 🔒 15 mo
to Sep 2019
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 value151.2%
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 outcome25 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 Professional2
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
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Rajeev runs a median 25 months to outcome across 2 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 266 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
Machinery & Equipment1
Other Services1
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