RS
Ravi Sethia
Insolvency Professional · Resolution Professional FREE PROFILE
IPA Indian Institute of Insolvency Professio
AFA Valid till Dec 2026
Bench data unavailable
State data unavailable
IBBI Reg IBBI/IPA-001/IP-P01305/2018-2019/12052
Cases Handled
10
2 with financial detail
Resolved
4
80% resolution rate
Liquidations
1
liquidation orders
Recovery vs Liq. Value
86.0%
natl avg 166.9%
IRP Appointments
5
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹1,172
Cr · across 2 mandates with figures
Total Realised
₹722
Cr · to creditors
Realised vs Claims
61.6%
across the book
Largest Mandate
₹644 Cr
Suasth Healthcare Foundat…
Resolved — plan approved (3)
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Haircut |
|---|---|---|---|---|---|
|
Ballarpur Industries Limited
L21010MH1945PLC010337
|
Liquidator · Feb 2022
|
₹528 Cr | ₹566 Cr | 87.1% | 83.9% |
|
McNally Bharat Engineering Company Limited
L45202WB1961PLC025181
|
RP · Sep 2022
|
— | — | — | — |
|
Suasth Healthcare Foundation
U85100WB2008NPL130971
|
RP · Dec 2021
|
₹644 Cr | ₹157 Cr | 82.0% | 75.6% |
Liquidation — order passed (1)
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims |
|---|---|---|---|---|
|
Shristi Plywood Private Limited
U20232HR2001PTC034736
|
IRP · Nov 2019
|
— | — | — |
Under CIRP — ongoing (6)
| Corporate Debtor | Role / Appointed | CIRP Age | Stage |
|---|---|---|---|
|
Future Lifestyle Fashions Limited
L52100MH2012PLC231654
Trading & Distribution |
IRP · May 2023
RP · Jun 2023
|
3y 1mo | data unavailable |
|
Morarjee Textiles Limited
L52322MH1995PLC090643
Trading & Distribution |
RP · Feb 2024
IRP · Feb 2024
|
2y 4mo | data unavailable |
|
Vipul Limited
L65923DL2002PLC167607
|
IRP · Jul 2021
|
6y 5mo | data unavailable |
|
WIND WORLD (INDIA) LIMITED
U31200DD2003PLC003236
Electronics & Electricals |
RP · Jun 2025
|
8y 4mo | data unavailable |
|
GVK Power (Goindwal Sahib) Limited
U40109TG1997PLC028483
|
IRP · Oct 2022
RP · Nov 2022
|
3y 8mo | data unavailable |
|
INDO GLOBAL SOFT SOLUTIONS AND TECHNOLOGIES PRIVATE LIMITED
U72900PN2005PTC021732
IT, Telecom & Media |
RP · Jun 2025
RP · Jun 2025
|
4y 2mo | data unavailable |
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
Voluntary Liquidations (1)
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Dissolved |
|---|---|---|---|---|---|
| Ferroli Heating (South Asia) Private Limited U74120KA2013FTC071696 |
Voluntary Liquidator · Jun 2025 |
— | — | — | — |
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate
80%
Recovery vs liq. value
86.0% (natl 166.9%)
Recovery vs LV (weighted)
86.0% claim-wtd
Avg haircut (resolved)
79.8% (natl 69.4%)
Sectors covered
0
Data source
IBBI Quarterly
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