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Home / RP Tracker / Rakesh Rameshwarlal Rathi

Rakesh Rameshwarlal Rathi UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00696/2017-2018/11211 CPE 12 credits
Other ServicesFinancial ServicesTrading & DistributionMining
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Career composition · 5 CIRP mandates
1
2
1
1
Resolved 1 Liquidation 2 Under CIRP 1 Withdrawn / settled 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 2 Under CIRP 1 Withdrawn 1 Standing
Mandates
4cases
3 with financials · last appointed Dec 2019
Claims Managed
Rs 32,350Cr
across 3 cases with figures
Realised for Creditors
Rs 416Cr
1.3% of admitted claims
Resolved
1cases
33% resolution rate
Recovery vs LV
1,476.5%
1 of 1 beat the floor
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 30,654 Cr
VOVL Limited

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
Dome-Bell Electronics Private Limited
U65992PN1982PTC028301
→ acquired by Vyom Tele Infrastructure Private Limited
IRP · Aug 2018
RP · Sep 2018
🔒 🔒 🔒 16 mo
to Dec 2019

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
VOVL Limited
U11102MH2010PLC199078
IRP · Nov 2019
🔒 🔒 🔒 4y 7mo
to Jun 2024
Academy for Counseling Education Private Limited
U80301MH2010PTC198345
IRP · Oct 2018
RP · Nov 2018
Liquidator · Dec 2019
🔒 🔒 🔒 9 mo
to Aug 2019
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: Vedant Industrial Systems and Automation Private Limited at 2,505 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Vedant Industrial Systems and Automation Private Limited
U51909MH2002PTC136636
Trading & Distribution
IRP · Dec 2019
2,505d 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
MADHUCON PROJECTS LIMITED
L74210TG1990PLC011114
Other Services
IRP · Oct 2018
7y 11mo
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
Recovery vs liquidation value1,476.5%
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 outcome16 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 Professional7
Liquidator1
Of these, 5 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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (346 concluded cases)
Rakesh runs a median 16 months to outcome across 3 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 closing 48 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 Services2
Mining1
Trading & Distribution1
Financial Services1
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