Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
ROYSONS CERAMICS PRIVATE LIMITED
U26100WB2016PTC216993
→ acquired by Mr. Subhankar Roy
|
IRP · Nov 2023
RP · Dec 2023
|
🔒 | 🔒 | 🔒 | 17 mo
to Mar 2025
|
|
Ashika Commercial Private Limited
U74140WB1987PTC043404
→ acquired by Mr. Sanwarmal Jain
|
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 12 mo
to Aug 2020
|
Liquidation — order passed
63 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution33 still in process
Distributed vs liquidation value58.9%across 3 cases with both figures · whole record 79.7%
Order to dissolution40 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Divine Alloys and Power Co Limited
U27102WB2004PLC099681
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · May 2021
|
🔒 | 🔒 | 🔒 | 2y 2mo
to May 2021
|
|
KVR STEELS ORISSA LIMITED
U27104OR1987PLC001824
|
IRP · Nov 2023
RP · Dec 2023
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Aug 2025
|
|
J. KHETSIDAS MACHINE TOOL WORKS PRIVATE LIMITED
U29100JH2014PTC001916
|
Liquidator · Apr 2026
|
— | — | — | 14 mo
to Apr 2026
|
|
Bhowanipur Engineering Private Limited
U29221WB2009PTC140096
|
RP · Jan 2022
IRP · Jan 2022
|
🔒 | 🔒 | 🔒 | 2y 1mo
to Mar 2024
|
|
Maadurga Thermal Power Company Limited
U40102OR2008PLC010501
|
IRP · Jun 2018
|
🔒 | 🔒 | 🔒 | 13 mo
to Jun 2019
|
|
Divine Vidyut Limited
U40102WB2007PLC118068
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 17 mo
to Feb 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
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: MAYUR PLY INDUSTRIES PRIVATE LIMITED at 1,471 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
MAYUR PLY INDUSTRIES PRIVATE LIMITED
U20101WB1998PTC130655
Other Manufacturing |
IRP · Sep 2022
|
1,471d past 330d limit | Under CIRP |
|
Ankit Metal and Power Limited
L27101WB2002PLC094979
Steel & Metals |
IRP · Dec 2023
IRP · Dec 2023
IRP · Dec 2023
|
872d past 330d limit | Inviting EoI |
|
SUNBEAM DEALERS PRIVATE LIMITED
U51311JH2013PTC001555
Trading & Distribution |
IRP · May 2026
IRP · May 2026
|
130d within 180d | 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
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
SOHAN MINERALS AND MINING COMPANY PRIVATE LIMITED
U14219WB2007PTC113650
Mining |
IRP · May 2022
|
4y 3mo |
|
PHULAR CONSTRUCTION COMPANY PRIVATE LIMITED
U45200BR1989PTC003572
Construction & Infrastructure |
IRP · Jul 2022
|
4y 2mo |
Voluntary liquidations
4Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| INNOVISION FOODS PRIVATE LIMITED U15419KA2001PTC028407
|
Voluntary Liquidator · Jan 2026 |
— | — | — | in process |
| SPINACH DEALMARK PRIVATE LIMITED U51101WB2010PTC150967
|
Voluntary Liquidator · Feb 2025 |
— | — | — | in process |
| QUARA DIGITAL PRIVATE LIMITED U72900MH2022PTC375663
|
Voluntary Liquidator · Jan 2026 |
— | — | — | in process |
| Yondr Operations India Private Limiteed U74999MH2021PTC353209
|
Voluntary Liquidator · Mar 2026 |
— | — | — | in process |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,365 ranked
At Kolkata bench — by mandate countTop 20% of 192
Recovery vs liquidation value206.4%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome17 months
national median 16 months · median of 8 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 Professional20
Liquidator3
Voluntary Liquidator4
Of these, 11 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
Kolkata12 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Cuttack1 mandate
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
Rajesh runs a median 17 months to outcome across 8 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is taking 68 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 Manufacturing4
Machinery & Equipment2
Steel & Metals1
Mining1
Cement, Glass & Ceramics1
Power & Energy1
Construction & Infrastructure1
Trading & Distribution1
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