Liquidation — order passed
3Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
PJM MINERALS AND INDUSTRIES PRIVATE LIMITED
U14100MH2017PTC297645
|
Liquidator · Jan 2024
|
🔒 | 🔒 | 🔒 | 9 mo
to Jan 2024
|
|
CHAITANYA NEER JAL PRIVATE LIMITED
U15543MH2007PTC172082
|
Liquidator · Jun 2024
|
🔒 | 🔒 | 🔒 | 12 mo
to Jun 2024
|
|
SAFINTRA ROOFING (INDIA) LIMITED
U74900MH2008PLC185250
|
Liquidator · Mar 2024
|
🔒 | 🔒 | 🔒 | 9 mo
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
1Where 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: BHANGE ORGANIC CHEMICALS PRIVATE LIMITED at 1,613 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
BHANGE ORGANIC CHEMICALS PRIVATE LIMITED
U15122PN2015PTC156869
Food & Agro |
IRP · Apr 2022
|
1,613d past 330d limit | 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Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
A.A Auctioneers and Contractors Private Limited
U74991MH2003PTC141327
Other Services |
IRP · Jan 2023
|
3y 7mo |
|
PROMOZONE (INDIA) PRIVATE LIMITED
U74994MH2005PTC156264
Other Services |
IRP · May 2022
|
4y 4mo |
Voluntary liquidations
5Solvent 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.
Median time to dissolution2y 6mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| ALFASIGMA INDIA PRIVATE LIMITED U24231MH2008FTC185531
|
Voluntary Liquidator · Nov 2023 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 2y 6mo to Jun 2026 |
| Frigortec India Private Limited U29300PN2012FTC144076
|
Voluntary Liquidator · Feb 2021 |
— | — | — | in process |
| SWISS RE SERVICES INDIA PRIVATE LIMITED U67120MH2002PTC135029
|
Voluntary Liquidator · Feb 2026 |
— | — | — | in process |
| SOFTWARE AG (INDIA) PRIVATE LIMITED U72200KA2003PTC057200
|
Voluntary Liquidator · Jan 2026 |
— | — | — | in process |
| WEIGANDT CONSULTING PRIVATE LIMITED U72900KA2017PTC106343
|
Voluntary Liquidator · Jan 2022 |
— | — | — | 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 →.
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Activity & context · vs India's IP universe
Activity — mandate count4 mandates on record
Typical time to outcome9 months
national median 16 months · median of 3 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
Liquidator3
Voluntary Liquidator5
Of these, 3 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
Mumbai6 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Rakesh runs a median 9 months to outcome across 3 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 276 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
Other Services3
Food & Agro2
Mining1
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