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 |
|---|---|---|---|---|---|
|
Starwort Engineers Private Limited
U74210MH1993PTC072015
→ acquired by Hexen Engineering
|
RP · Oct 2024
|
🔒 | 🔒 | 🔒 | 9 mo
to Apr 2025
|
|
Calchem Industries (India) Limited
U99999MH1992PLC065696
→ acquired by Sadhana Nitrochem Limited
|
IRP · Sep 2019
RP · Feb 2020
|
🔒 | 🔒 | 🔒 | 5y 1mo
to Oct 2024
|
Liquidation — order passed
62 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution24 still in process
Distributed vs liquidation value145.7%across 2 cases with both figures · whole record 79.7%
Order to dissolution13 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
TEXORANGE CORPORATION LIMITED
U17120MH2004PLC147378
|
Liquidator · Jun 2023
|
🔒 | 🔒 | 🔒 | 3y 8mo
to Jun 2023
|
|
Electra Accumulators Limited
U29100GJ2009PLC057053
|
IRP · Sep 2019
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Apr 2021
|
|
Dojahan Trading Private Limited
U51100MH2006PTC159890
|
RP · Jul 2024
Liquidator · May 2025
|
🔒 | 🔒 | 🔒 | 13 mo
to May 2025
|
|
NAVALMAR SHIPPING (INDIA) PRIVATE LIMITED
U63032KA2002PTC030002
|
IRP · May 2020
RP · Jul 2020
|
— | — | — | 5y 11mo
to May 2026
|
|
ROSEWOOD PROJECTS PRIVATE LIMITED
U70200WB1999PTC089011
|
RP · Sep 2024
|
— | — | — | 2y 2mo
to Jul 2026
|
|
Chandra Net Limited
U72200GJ1999PLC035595
|
IRP · Sep 2021
RP · Oct 2021
Liquidator · Jan 2023
|
🔒 | 🔒 | 🔒 | 2y 4mo
to Jan 2024
|
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
15Where 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: Maitreyi Capital Advisors Private Limited at 2,552 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Maitreyi Capital Advisors Private Limited
U74999MH2015PTC261681
Other Services |
IRP · Sep 2019
RP · Dec 2019
|
2,552d past 330d limit | Under CIRP |
|
Graphene Media Private Limited
U74120MH2014PTC252223
Other Services |
IRP · Jan 2022
RP · Mar 2022
|
1,701d past 330d limit | Under CIRP |
|
McLeod Russel India Limited
L51109WB1998PLC087076
Trading & Distribution |
IRP · Feb 2023
IRP · Feb 2023
|
1,320d past 330d limit | Under CIRP |
|
Waxsen Lifescience Private Limited
U24297MH2009PTC197046
Chemicals & Plastics |
IRP · Mar 2023
RP · Apr 2023
|
1,299d past 330d limit | Inviting EoI |
|
WADHAWAN HOLDINGS PRIVATE LIMITED
U74999MH2002PTC135601
Other Services |
IRP · Nov 2023
RP · Jan 2024
|
1,033d past 330d limit | Inviting EoI |
|
Replenish Realty Private Limited
U45200MH2007PTC167457
Construction & Infrastructure |
RP · Aug 2024
|
888d past 330d limit | Under CIRP |
|
Medybiz Private Limited
U72200MH2000PTC294957
IT, Telecom & Media |
IRP · May 2024
RP · Jun 2024
|
867d past 330d limit | Inviting EoI |
|
SUMMIT CEMINFRA PRIVATE LIMITED
U45201MH2008PTC217836
Construction & Infrastructure |
IRP · Oct 2024
RP · Nov 2024
|
712d past 330d limit | Inviting EoI |
|
RELIANCE MEDIAWORKS LIMITED
U29299MH1987PLC045446
Machinery & Equipment |
IRP · Jul 2025
RP · Aug 2025
|
447d past 330d limit | Inviting EoI |
|
BLU-SMART MOBILITY LIMITED
U74999GJ2018PLC104895
Other Services |
IRP · Jul 2025
RP · Sep 2025
|
421d past 330d limit | Inviting EoI |
|
BIG Flicks Private Limited
U92120MH2007PTC168172
Hospitality & Leisure |
IRP · Sep 2025
RP · Oct 2025
|
362d past 330d limit | Inviting EoI |
|
RBEP Entertainment Private Limited
U72900MH2006PTC160603
IT, Telecom & Media |
IRP · Oct 2025
RP · Nov 2025
|
343d past 330d limit | Inviting EoI |
|
BLU-SMART FLEET PRIVATE LIMITED
U63090GJ2019PTC106075
Logistics & Transport |
RP · Feb 2026
|
293d inside 330d | Inviting EoI |
|
Blu-Smart Charge Private Limited
U63090GJ2019PTC106065
Logistics & Transport |
IRP · Jan 2026
RP · Feb 2026
|
249d in extension | Inviting EoI |
|
ROEVPL Ventures Private Limited
U51900MH2005PTC157592
Trading & Distribution |
IRP · Feb 2026
RP · Mar 2026
|
216d in extension | Newly admitted |
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
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Electra Global Resources Private Limited
U51900MH1995PTC090662
Trading & Distribution |
IRP · Nov 2019
|
6y 9mo |
Voluntary liquidations
6Solvent 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 dissolution2y 2mo
across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 6
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| RUSI & ZARIN GIMI FAMILY HOLDINGS PRIVATE LIMITED U51109WB1998PTC087267
6 dated steps in the orderKolkata Bench-I
|
Voluntary Liquidator · Aug 2020 |
Rs 11 Cr | — | Rs 11 Cr | 1y 7mo to Apr 2022 |
| ESSENAR INVESTMENT PRIVATE LIMITED U51909GJ1940PTC000337
|
Voluntary Liquidator · Nov 2019 |
Rs 2 Cr | — | Rs 1 Cr | 2y 6mo to Jun 2022 |
| Kedrion Biopharma India Private Limited U52100DL2013FTC261763
|
Voluntary Liquidator · Mar 2022 |
— | — | — | in process |
| ZIPSURE GENERAL INSURANCE LIMITED U66000MH2018PLC313608
|
Voluntary Liquidator · Feb 2020 |
Rs 0 Cr | — | Rs 0 Cr | 1y 11mo to Feb 2022 |
| IMMPLY INDIA TECHNOLOGY PRIVATE LIMITED U72900PN2008PTC198310
|
Voluntary Liquidator · Jul 2024 |
— | — | — | in process |
| ALGIZ CONSULTANCY SERVICES PRIVATE LIMITED U74999MH2018PTC303607
|
Voluntary Liquidator · Mar 2020 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 4y 4mo to Aug 2024 |
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 1% of 2,365 ranked
At Mumbai bench — by mandate countTop 5% of 438
Recovery vs liquidation value160.6%
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 outcome27 months
national median 16 months · median of 8 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 Professional39
Liquidator3
Voluntary Liquidator6
Of these, 18 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
Mumbai16 mandates
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Ahmedabad5 mandates
Bench median 15 months to outcome · 32% resolved (445 concluded cases)
Kolkata2 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Ritesh runs a median 27 months to outcome across 8 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 310 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
Other Services7
Trading & Distribution4
Logistics & Transport3
Machinery & Equipment2
Construction & Infrastructure2
IT, Telecom & Media2
Textiles & Apparel1
Chemicals & Plastics1
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