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Home / RP Tracker / Rakesh Maganlal Nathwani

Rakesh Maganlal Nathwani UNCLAIMED PROFILE

Insolvency Professional · Active since 2021
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P-02058/2020-2021/13190 CPE 84 credits
Other ServicesFood & AgroMining
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 6 CIRP mandates
3
1
2
Liquidation 3 Under CIRP 1 Withdrawn / settled 2
Appointments by year
'21'22'23'24'25'26
Overview Liquidation 3 Under CIRP 1 Withdrawn 2 Voluntary 5 Standing
Mandates
4cases
3 with financials · last appointed Feb 2026
Claims Managed
Rs 7Cr
across 3 cases with figures
Resolved
0cases
0% resolution rate
Typical CIRP Time
9 months
nationally 16 months
Largest Mandate
Rs 3 Cr
SAFINTRA ROOFING (INDIA…

Liquidation — order passed

3
Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
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

1
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1past 330d
Longest-running live mandate: BHANGE ORGANIC CHEMICALS PRIVATE LIMITED at 1,613 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
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

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime 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

5
Solvent 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 DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → 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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