Resolved — plan approved
8Acquirer 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 |
|---|---|---|---|---|---|
|
CANE AGRO ENERGY (INDIA) LIMITED
U01115PN2007PLC130211
→ acquired by Raigaon Sugar & Power Ltd. JV
|
IRP · Apr 2021
IRP · Apr 2021
RP · May 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 3y 10mo
to Mar 2025
|
|
SHIVAJI CANE PROCESSORS LIMITED
U15421PN2010PLC136604
→ acquired by Puro Naturals JV
|
IRP · Feb 2021
RP · Mar 2021
|
🔒 | 🔒 | 🔒 | 2y 9mo
to Nov 2023
|
|
INDIAN SUGAR MANUFACTURING COMPANY LIMITED
U15424PN2000PLC014353
→ acquired by Consortium of M/s Shri Dutt India Private Limited and M/s Shri Dutt Biofuels Private Limited
|
IRP · Mar 2023
RP · May 2023
|
🔒 | 🔒 | 🔒 | 11 mo
to Feb 2024
|
|
Fabtech Sugar Limited
U15424PN2010PLC137545
→ acquired by Autade Sugars Private Limited
|
IRP · May 2021
RP · Jun 2021
|
🔒 | 🔒 | 🔒 | 2y 8mo
to Feb 2024
|
|
KUTE SONS FRESH DAIRY PRIVATE LIMITED
U15490PN2014PTC151391
→ acquired by Consortium of Mr. Ajinath Ramu Hajare and Oximax Agritech Industries Private Limited
|
IRP · Jun 2025
RP · Aug 2025
|
Rs 84 Cr | Rs 25 Cr | 100.7% | 9 mo
to Apr 2026
|
|
ENVIRANT CONSTRUCTIONS PRIVATE LIMITED
U45201PN2019PTC187937
→ acquired by Mr. Sanjay Pandurang Kalate
|
IRP · Nov 2023
RP · Jan 2024
|
Rs 79 Cr | Rs 21 Cr | 157.1% | 2y 6mo
to Jun 2026
|
|
Care Stationers & Agencies Private Limited
U51396PN2001PTC016383
→ acquired by Tara Financial Services Private Limited
|
IRP · Dec 2019
RP · Jan 2020
|
🔒 | 🔒 | 🔒 | 3y 1mo
to Feb 2023
|
|
Gigeo Construction Company Private Limited
U70101MH1990PTC056929
|
IRP · Jun 2024
|
Rs 192 Cr | Rs 25 Cr | 99.3% | 1y 11mo
to May 2026
|
Liquidation — order passed
41 of 4 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates4on this professional's record
Taken to dissolution13 still in process
Distributed vs liquidation value2,400.0%across 1 case with both figures · whole record 79.7%
Order to dissolution39 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
SHREE SAI OTO TUBES MILL LIMITED
U27320MH2010PLC207716
|
Liquidator · Jan 2025
|
🔒 | 🔒 | 🔒 | 2y 9mo
to Jan 2025
|
|
Sovereign Industries Limited
U74900KA2009PLC069837
|
RP · Jun 2023
RP · Jun 2023
|
🔒 | 🔒 | 🔒 | 6y 5mo
to Feb 2026
|
|
V-ACCURATE MANAGEMENT SERVICES PRIVATE LIMITED
U74910PN2009PTC134135
|
IRP · Mar 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 3y 11mo
to Feb 2025
|
|
Misa Services Private Limited
U74920PN2011PTC179720
|
IRP · Dec 2019
RP · Jan 2020
Liquidator · Feb 2021
|
🔒 | 🔒 | 🔒 | 15 mo
to Feb 2021
|
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
9Where 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: Utopian Sugars Limited at 1,377 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Utopian Sugars Limited
U15421PN2010PLC135737
Food & Agro |
IRP · Dec 2022
|
1,377d past 330d limit | Under CIRP |
|
BIHAR FIRE BRICKS AND POTTERIES LTD
U26931WB1919PLC003382
Cement, Glass & Ceramics |
IRP · May 2024
RP · May 2024
|
875d past 330d limit | Inviting EoI |
|
Tirumalla Oil Refinery Private Limited
U15146MH2015PTC261446
Food & Agro |
RP · Oct 2024
|
778d past 330d limit | Inviting EoI |
|
PARORCH DEVELOPERS LLP
AAA4272
Real Estate & Housing |
IRP · May 2025
|
503d past 330d limit | Under CIRP |
|
CUBATICS INDUSTRIES PRIVATE LIMITED
U17291MH2014PTC254110
Textiles & Apparel |
RP · Jul 2025
RP · Jul 2025
|
476d past 330d limit | Inviting EoI |
|
KUTE SONS DAIRYS LIMITED
U01409PN1996PLC097492
Food & Agro |
RP · Dec 2025
|
373d past 330d limit | Inviting EoI |
|
BHALKESHWAR SUGARS LIMITED
U15421KA2000PLC027184
Food & Agro |
IRP · Sep 2025
RP · Sep 2025
|
363d past 330d limit | Inviting EoI |
|
TIRUMALLA HAIR OIL INDIA PRIVATE LIMITED
U15549PN2017PTC171412
Food & Agro |
IRP · Dec 2025
RP · Feb 2026
|
285d inside 330d | Inviting EoI |
|
TIRUMALLA GROUNDNUTS INDUSTRIES INDIA PRIVATE LIMITED
U15100MH2016PTC285467
Food & Agro |
IRP · Jun 2026
|
103d within 180d | 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
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
YASHWANT SUGAR AND POWER PRIVATE LIMITED
U15422PN2012PTC143740
Food & Agro |
IRP · Mar 2024
IRP · Mar 2024
|
3y 9mo |
|
Lokmangal Sugar Ethanol And Co-Generation Industries Limited
U24116PN2003PLC017746
Other Manufacturing |
IRP · Oct 2024
|
1y 11mo |
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 5% of 2,305 ranked
At Mumbai bench — by mandate countTop 5% of 438
Recovery vs liquidation value191.8%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor7 of 8
Typical time to outcome33 months
national median 16 months · median of 12 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
Liquidator2
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
Mumbai20 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Bengaluru2 mandates
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Ritesh runs a median 33 months to outcome across 12 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 472 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 & Agro12
Other Services3
Real Estate & Housing2
Other Manufacturing2
Textiles & Apparel1
Cement, Glass & Ceramics1
Construction & Infrastructure1
Trading & Distribution1
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