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 |
|---|---|---|---|---|---|
|
DUNCANS INDUSTRIES LIMITED
L28113WB1994PLC063452
→ acquired by Uniglobal Papers Private Limited (Lead Partner)
|
IRP · Mar 2020
RP · Jul 2020
|
🔒 | 🔒 | 🔒 | 4y 7mo
to Oct 2024
|
|
ARISTO TEXCON PVT LTD
U51109WB1996PTC078063
→ acquired by Jagannath Financial Advisory Private Limited
|
IRP · Aug 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Aug 2019
|
Liquidation — order passed
53 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution32 still in process
Distributed vs liquidation value118.7%across 3 cases with both figures · whole record 79.7%
Order to dissolution42 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
U T Limited
L29120WB1965PLC026533
|
IRP · Apr 2018
|
🔒 | 🔒 | 🔒 | 3y 11mo
to Mar 2022
|
|
Yummz Foods Private Limited
U15410WB2012PTC177072
|
IRP · Nov 2022
RP · Dec 2022
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Sep 2024
|
|
DC Industrial Plant Services P Ltd
U45202WB1983PTC036391
|
Liquidator · Jun 2019
|
🔒 | 🔒 | 🔒 | 11 mo
to Jun 2019
|
|
KAUSHIK GLOBAL LOGISTICS LIMITED
U63090WB2004PLC099002
|
IRP · Jun 2022
RP · Jul 2022
|
🔒 | 🔒 | 🔒 | 17 mo
to Nov 2023
|
|
KND Engineering Technlogies Limited
U74210WB1982PLC034947
|
IRP · Aug 2018
RP · Oct 2018
|
🔒 | 🔒 | 🔒 | —
to Jun 2018
|
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: Hind Syntex Ltd. at 1,665 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Hind Syntex Ltd.
L17118MP1980PLC001697
Textiles & Apparel |
IRP · Jun 2022
|
1,665d 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.
Voluntary liquidations
2Solvent 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 dissolution14 mo
across 2 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| SHREE AMITVIKRAM BRICKS PRIVATE LIMITED U26931WB2012PTC183815
|
Voluntary Liquidator · Mar 2020 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 16 mo to Aug 2021 |
| VIRA WEBTECH PRIVATE LIMITED U72200WB2003PTC096286
|
Voluntary Liquidator · Jan 2019 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 11 mo to Jan 2020 |
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 20% of 2,308 ranked
Recovery vs liquidation value167.5%
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 6 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 Professional11
Liquidator1
Voluntary Liquidator2
Of these, 7 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
Kolkata7 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Indore1 mandate
Bench median 15 months to outcome · 49% resolved (35 concluded cases)
Ram runs a median 20 months to outcome across 6 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 157 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
Textiles & Apparel1
Steel & Metals1
Machinery & Equipment1
Food & Agro1
Construction & Infrastructure1
Trading & Distribution1
Logistics & Transport1
Other Services1
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