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Home / RP Tracker / Ram Singh Setia

Ram Singh Setia UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P01189/2018-2019/11935 CPE 20 credits
Food & AgroTextiles & ApparelReal Estate & HousingPower & EnergyOther ManufacturingTrading & Distribution
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Career composition · 7 CIRP mandates
2
2
3
Resolved 2 Liquidation 2 Under CIRP 3
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 2 Under CIRP 3 Standing
Mandates
7cases
3 with financials · last appointed Aug 2025
Claims Managed
Rs 1,886Cr
across 3 cases with figures
Realised for Creditors
Rs 88Cr
4.7% of admitted claims
Resolved
2cases
50% resolution rate
Recovery vs LV
93.3%
0 of 1 beat the floor
Typical CIRP Time
23 months
nationally 16 months
Largest Mandate
Rs 1,167 Cr
Sai Lilagar Power Gener…

Resolved — plan approved

2
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
Multi-Flex Lami-Print Ltd
U22219MH1991PLC060717
→ acquired by Consortium of Arcade Casters and Mr. Nand Kishore Agarwal
RP · Aug 2023
🔒 🔒 🔒 2y 8mo
to Dec 2025
Sai Lilagar Power Generational Limited
U40101TG2004PLC061239
→ acquired by Indermani Mineral (India) Private Limited (IMIPL)
IRP · Jul 2019
RP · Aug 2019
🔒 🔒 🔒 14 mo
to Aug 2020

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Gajanan Solvex Limited
U15147MH2010PLC208730
Liquidator · Mar 2023
🔒 🔒 🔒 7 mo
to Mar 2023
Eurotas Infrastructure Ltd
U70101DL2011PLC214733
IRP · Nov 2020
RP · Dec 2020
🔒 🔒 🔒 2y 9mo
to Sep 2023
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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
3past 330d
Longest-running live mandate: Jogeshwari Breweries Private Limited at 960 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Jogeshwari Breweries Private Limited
U15500PN2009PTC133602
Food & Agro
RP · Oct 2024
960d past 330d limit Inviting EoI
Bombay Rayon Clothing Limited
U18101MH2005PLC150375
Textiles & Apparel
IRP · Apr 2025
RP · May 2025
520d past 330d limit Inviting EoI
MATOSHRI LAXMI SUGAR CO-GENERATION INDUSTRIES LIMITED
U15424PN2008PLC133527
Food & Agro
IRP · Jul 2025
RP · Aug 2025
436d past 330d limit Inviting EoI
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.
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 count7 mandates on record
Recovery vs liquidation value93.3%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome23 months
national median 16 months · median of 4 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 Professional10
Liquidator1
Of these, 4 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 (1,250 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 38% resolved (346 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Ram runs a median 23 months to outcome across 4 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 taking 168 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
Food & Agro2
Trading & Distribution1
Textiles & Apparel1
Other Manufacturing1
Power & Energy1
Real Estate & Housing1
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