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 |
|---|---|---|---|---|---|
|
SHRI RAM SWITCHGEARS LIMITED
L17110DN1986PLC000334
→ acquired by JM Financial Asset Reconstruction Company Limited (as trustee to JMFARC - March 2018 - Trust, represented by JM Financial Asset Reconstruction Limited as the trustee) and Reliance Industries Limited ("RIL")
|
IRP · Apr 2024
IRP · Apr 2024
RP · Apr 2024
RP · Apr 2024
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Mar 2019
|
|
SHRI RAM SWITCHGEARS LIMITED
L31200MP1985PLC003026
→ acquired by Prakash Asphaltings and Toll Highways (India) Limited
|
IRP · Feb 2024
|
Rs 71 Cr | Rs 19 Cr | 201.4% | 2y 2mo
to May 2026
|
Liquidation — order passed
5Liquidation mandates5on this professional's record
Taken to dissolution05 still in process
Distributed vs liquidation value106.5%across 1 case with both figures · whole record 79.7%
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Siddharth Natural Food Resources Pvt. Ltd.
U15209GA2007PTC005490
|
Liquidator · May 2025
|
🔒 | 🔒 | 🔒 | 11 mo
to Jan 2024
|
|
SUN PETPACK JABALPUR PRIVATE LIMITED
U25209MP2000PTC014124
|
Liquidator · Jan 2026
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Jan 2026
|
|
FORBES TECHNOSYS LIMITED
U29290MH1991PLC062425
|
IRP · Mar 2025
RP · May 2025
|
— | — | — | 17 mo
to Aug 2026
|
|
Mahabali Innovative Technologies Private Limited
U33005MH1996PTC099218
|
Liquidator · Aug 2023
|
🔒 | 🔒 | 🔒 | 11 mo
to Mar 2023
|
|
GENERAL COMPOSITES PRIVATE LIMITED
U35303MH1995PTC085048
|
Liquidator · Jun 2026
|
🔒 | 🔒 | 🔒 | 4y 6mo
to Mar 2024
|
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
9Where 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: Bhartiya Micro Credit at 831 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Bhartiya Micro Credit
U65992UP2008NPL034486
Financial Services |
IRP · Jun 2024
RP · Jul 2024
|
831d past 330d limit | Inviting EoI |
|
HI TECH FERROUS & NON FERROUS INDIA PRIVATE LIMITED
U28112UP2009PTC037895
Steel & Metals |
IRP · Oct 2024
RP · Nov 2024
|
713d past 330d limit | Inviting EoI |
|
M/s Margdarshak Financial Services Limited
U65921UP1996PLC019924
Financial Services |
IRP · Jun 2025
RP · Jul 2025
|
469d past 330d limit | Inviting EoI |
|
VIBRANT CONTENT PRIVATE LIMITED
U22219MH2012PTC232823
Other Manufacturing |
IRP · Oct 2025
RP · Jan 2026
|
328d inside 330d | Inviting EoI |
|
YELLOWSTONE EV POWER PRIVATE LIMITED
U50100TN2018PTC121225
Trading & Distribution |
IRP · Feb 2026
RP · May 2026
|
215d in extension | Inviting EoI |
|
ALUMASS PRIVATE LIMITED U28113MP2009PTC022101
|
IRP · Apr 2024
|
no commencement date | Under CIRP |
|
METRO CONCRETE PRIVATE LIMITED U74900DL2008PTC181610
|
IRP · Sep 2022
RP · Oct 2022
|
no commencement date | Under CIRP |
|
RAPT INDUSTRIES PRIVATE LIMITED U22100DL2012PTC245889
|
IRP · Aug 2022
|
no commencement date | Under CIRP |
|
SEA-AIR CONSOLIDATORS INDIA PRIVATE LIMITED U63010DL2014FTC274112
|
IRP · Aug 2022
RP · Oct 2022
|
no commencement date | 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
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Grand Reality Private Limited
U45201DL2006PTC242451
Construction & Infrastructure |
IRP · Feb 2023
RP · Mar 2023
|
3y 7mo |
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 5% of 2,308 ranked
At Mumbai bench — by mandate countTop 10% of 438
Recovery vs liquidation value115.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome20 months
national median 16 months · median of 7 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 Professional25
Liquidator4
Of these, 13 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
Mumbai5 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Allahabad3 mandates
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Indore2 mandates
Bench median 15 months to outcome · 49% resolved (35 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Rakesh runs a median 20 months to outcome across 7 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 taking 43 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 & Equipment3
Other Manufacturing2
Financial Services2
Textiles & Apparel1
Food & Agro1
Steel & Metals1
Construction & Infrastructure1
Trading & Distribution1
Is this your profile?
This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.
Claim profile →Trying to reach Rakesh?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.