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Home / RP Tracker / Ravi Sethia

Ravi Sethia UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA Indian Institute of Insolvency Professio AFA Valid till Dec 2026 Bench Mumbai · West Reg IBBI/IPA-001/IP-P01305/2018-2019/12052 CPE 149 credits
Trading & DistributionOther ManufacturingPower & EnergyFinancial ServicesElectronics & ElectricalsITTelecom & Media
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Career composition · 10 CIRP mandates
6
1
2
1
Resolved 6 Liquidation 1 Under CIRP 2 Withdrawn §12A 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 6 Liquidation 1 Under CIRP 2 Withdrawn 1 Voluntary 1 Standing Claim this profile →
Mandates
9cases
top 15% by mandate count
Claims Managed
₹14,716Cr
across 5 cases with figures
Realised for Creditors
₹2,590Cr
17.6% of admitted claims
Resolved
6cases
86% resolution rate
Recovery vs LV
111.5%
national avg 166.9%
Avg CIRP Time
2y 9mo
12 mo slower than national avg
Largest Mandate
₹6,615 Cr
GVK Power (Goindwal Sah…

Resolved — plan approved

6
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
Ballarpur Industries Limited
L21010MH1945PLC010337
Liquidator · Feb 2022
🔒 🔒 🔒 3y 2mo
to Mar 2023
McNally Bharat Engineering Company Limited
L45202WB1961PLC025181
RP · Sep 2022
🔒 🔒 🔒 4y 7mo
to Dec 2023
Morarjee Textiles Limited
L52322MH1995PLC090643
IRP · Feb 2024
RP · Feb 2024
2y 2mo
to May 2026
GVK Power (Goindwal Sahib) Limited
U40109TG1997PLC028483
IRP · Oct 2022
RP · Nov 2022
🔒 🔒 🔒 14 mo
to Dec 2023
INDO GLOBAL SOFT SOLUTIONS AND TECHNOLOGIES PRIVATE LIMITED
U72900PN2005PTC021732
RP · Jun 2025
🔒 🔒 🔒 3y 7mo
to Nov 2025
Suasth Healthcare Foundation
U85100WB2008NPL130971
RP · Dec 2021
🔒 🔒 🔒 2y 3mo
to Dec 2023

Liquidation — order passed

1
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shristi Plywood Private Limited
U20232HR2001PTC034736
IRP · Nov 2019
🔒 🔒 🔒 2y 7mo
to Jul 2022
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

2
Corporate DebtorRole / AppointedCIRP AgeStage
Future Lifestyle Fashions Limited
L52100MH2012PLC231654
Trading & Distribution
IRP · May 2023
RP · Jun 2023
3y 3mo Inviting EoI
WIND WORLD (INDIA) LIMITED
U31200DD2003PLC003236
Electronics & Electricals
RP · Jun 2025
8y 5mo Inviting EoI
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.

Withdrawn — Section 12A

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Vipul Limited
L65923DL2002PLC167607
Financial Services
IRP · Jul 2021
6y 6mo

Voluntary liquidations

1
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
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 the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 15% of 2,443
At Mumbai bench — by mandate count#116 of 437
Recovery vs LV — vs national avg-55.4 pts
Speed — avg CIRP vs national avg12 mo slower
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 Professional12
Liquidator1
Voluntary Liquidator1
Bench spread
Mumbai4
Kolkata2
New Delhi1
Chandigarh1
Ahmedabad1
Hyderabad1
Sector exposure
Other Manufacturing2
Trading & Distribution2
Construction & Infrastructure1
Financial Services1
Electronics & Electricals1
Power & Energy1
IT, Telecom & Media1
Healthcare1
Performance summary
Resolution rate86%
Recovery vs LV (claim-wtd)111.5%
Realised vs claims (book)17.6%
IRP appointments5
Data sourceIBBI · NCLT · MCA
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