Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
BRICK EAGLE GROUP PRIVATE LIMITED
U70109MH2013PTC240821
→ acquired by Mrs. Vibha Singhi
|
IRP · May 2022
RP · Jun 2022
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Feb 2024
|
Liquidation — order passed
31 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution12 still in process
Distributed vs liquidation value93.1%across 1 case with both figures · whole record 79.7%
Order to dissolution72 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
ABHISHEK CORPORATION LIMITED
L51491PN1993PLC073706
|
IRP · Nov 2017
|
🔒 | 🔒 | 🔒 | 16 mo
to Mar 2019
|
|
DEX-VIN POLYMERS PRIVATE LIMITED
U17120MH1990PTC057006
|
IRP · Jan 2019
RP · Feb 2019
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Mar 2021
|
|
Balmukh Goldjewel & Multitrading Private Limited
U74110PN2016PTC165024
|
IRP · Sep 2022
RP · Oct 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Nov 2023
|
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: Pravara Renewable Energy Limited at 1,355 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Pravara Renewable Energy Limited
U45202MH2008PLC185428
Construction & Infrastructure |
IRP · Jan 2023
|
1,355d past 330d limit | Under CIRP |
|
MAGICSTONE TRADERS PRIVATE LIMITED
U74110PN2016PTC164929
Other Services |
IRP · Nov 2023
RP · Dec 2023
|
1,055d past 330d limit | Inviting EoI |
|
AABAN APPARELS AND REALCON PRIVATE LIMITED
U17291MH2010PTC209067
Textiles & Apparel |
IRP · Feb 2024
RP · Mar 2024
|
958d past 330d limit | Inviting EoI |
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 |
|---|---|---|
|
AUDAX PROTECTIVE FABRICS PRIVATE LIMITED
U74120MH2014PTC251831
Other Services |
IRP · Oct 2019
|
6y 11mo |
Voluntary liquidations
5Solvent 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 dissolution10 mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 5
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 |
|---|---|---|---|---|---|
| KANSOCLOUD INDIA PRIVATE LIMITED U72900RJ2022FTC085059
|
Voluntary Liquidator · Jun 2025 |
— | — | — | in process |
| ITM FABRICATION INDUSTRIES LIMITED U74210MH1996PLC101863
|
Voluntary Liquidator · May 2023 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 14 mo to Jul 2024 |
| Valsir Plumbing Technologies India Private Limited U74900MH2015FTC261370
|
Voluntary Liquidator · Jan 2025 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 10 mo to Nov 2025 |
| CHELLSEA INDIA PRIVATE LIMITED U74999MH2016FTC281717
6 dated steps in the orderMumbai Bench Court II
|
Voluntary Liquidator · Dec 2019 |
— | — | — | in process |
| SENTINAL CAPITAL LIMITED U99999MH1991PLC060539
|
Voluntary Liquidator · Aug 2025 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5 mo to Jan 2026 |
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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Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,365 ranked
Recovery vs liquidation value300.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome19 months
national median 16 months · median of 4 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 Professional13
Voluntary Liquidator5
Of these, 8 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
Mumbai8 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Sandeep runs a median 19 months to outcome across 4 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 moving at the pace of his own forums, within a month either way.
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 Services3
Textiles & Apparel2
Trading & Distribution1
Construction & Infrastructure1
Real Estate & Housing1
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