Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Order to dissolution21 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
HARSH SPECIALITY COATING PRIVATE LIMITED
U24100DL2013PTC249072
|
IRP · Feb 2021
IRP · Feb 2021
RP · Mar 2021
RP · Mar 2021
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2022
|
|
MLP Developers & Promoters Private Limited
U70200HR2017PTC068469
|
IRP · Jan 2020
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 13 mo
to Mar 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
3Where 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: MIDAS TOUCH EXPORT PRIVATE LIMITED at 3,508 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
MIDAS TOUCH EXPORT PRIVATE LIMITED
U18109MH1993PTC072666
Textiles & Apparel |
IRP · Feb 2017
|
3,508d past 330d limit | Under CIRP |
|
ASIAN SOLES PRIVATE LIMITED
U19200DL2011PTC214341
Other Manufacturing |
IRP · Dec 2018
|
2,836d past 330d limit | Under CIRP |
|
DCP INDIA PRIVATE LIMITED
U15492DL2004PTC124070
Food & Agro |
IRP · Sep 2022
|
1,460d past 330d limit | Under CIRP |
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.
Voluntary liquidations
1Solvent 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 dissolution13 mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| CHITRANSH COMBINES SATELLITE AND FILMS PRIVATE LIMITED U32305DL2004PTC129855
|
Voluntary Liquidator · Sep 2021 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 13 mo to Oct 2022 |
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 →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Typical time to outcome13 months
national median 16 months · median of 2 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 Professional8
Liquidator1
Voluntary Liquidator1
Of these, 5 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
New Delhi3 mandates
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Chandigarh2 mandates
Bench median 20 months to outcome · 36% resolved (211 concluded cases)
Romesh runs a median 13 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is closing 175 days faster 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 & Agro1
Textiles & Apparel1
Other Manufacturing1
Chemicals & Plastics1
Real Estate & Housing1
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