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Home / RP Tracker / Sandeep Khaitan

Sandeep Khaitan UNCLAIMED PROFILE

Insolvency Professional · Assam · Active since 2019
IPA ICAI IIIPI Bench Kolkata · East Reg IBBI/IPA-001/IP-P00532/2017-2018/10957 CPE 133 credits
Wholesale and Retail TradeManufacturingOthers (Chemicals, Hospital, Car dealerships. Manufacturing of Textile, Metal and metal products, Sugar confectionery, Plastics and allied products, Proceesed food products and Plywood and veneer sheets)
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Career composition · 13 CIRP mandates
4
5
3
1
Resolved 4 Liquidation 5 Under CIRP 3 Withdrawn / settled 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 5 Under CIRP 3 Withdrawn 1 Standing
Mandates
12cases
Top 10% by mandate count · last appointed May 2026
Claims Managed
Rs 4,164Cr
across 9 cases with figures
Realised for Creditors
Rs 181Cr
4.3% of admitted claims
Resolved
4cases
44% resolution rate
Recovery vs LV
146.6%
3 of 4 beat the floor
Typical CIRP Time
15 months
nationally 16 months
Largest Mandate
Rs 3,365 Cr
I C Textiles Limited

Resolved — plan approved

4
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
P.L. Industries Private Limited
U15541ML2013PTC008551
→ acquired by Mr. Arup Kumar Sarma
RP · Mar 2024
🔒 🔒 🔒 11 mo
to Dec 2024
I C Textiles Limited
U18101WB1983PLC035976
→ acquired by Mr. Drishya Aggarwal
IRP · Mar 2022
RP · May 2022
🔒 🔒 🔒 2y 1mo
to May 2024
MEGHA GRANULES PRIVATE LIMITED
U24139AS2005PTC007734
→ acquired by North East Granulators (Respondent No. 3 / "Successful Resolution Applicant" / "SRA")
IRP · May 2021
RP · Jun 2021
🔒 🔒 🔒 15 mo
to Aug 2022
AYURSUNDRA HOSPITALS (GUWAHATI) PRIVATE LIMITED
U85110AS2007PTC008546
→ acquired by PEERLESS HOSPITEX HOSPITAL AND RESEARCH CENTER LIMITED
IRP · Mar 2024
RP · Jul 2024
🔒 🔒 🔒 9 mo
to Dec 2024

Liquidation — order passed

5
4 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution41 still in process
Distributed vs liquidation value100.9%across 3 cases with both figures · whole record 79.7%
Order to dissolution235 daysaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shree Sai Smelters India Limited
U27101ML2001PLC006538
Liquidator · Jan 2024
Liquidator · Jan 2024
🔒 🔒 🔒 2y 3mo
to Jan 2025
Shree Sai Rolling Mills India Limited
U27101ML2001PLC006539
Liquidator · Jan 2024
Liquidator · Jan 2024
🔒 🔒 🔒 5y 5mo
to Jan 2025
Shree Sai Prakash Alloys Private Limited
U27107ML1999PTC005726
Liquidator · Jan 2024
Liquidator · Jan 2024
🔒 🔒 🔒 4y 5mo
to Jan 2024
P. L. Vehicals Private Limited
U50100ML2014PTC008568
RP · May 2023
Liquidator · Aug 2023
🔒 🔒 🔒 4 mo
to Aug 2023
Sundaram Mahadeo Autoworld Pvt. Ltd.
U50300AS2015PTC012130
RP · Mar 2023
🔒 🔒 🔒 15 mo
to Apr 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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1181–270d
2past 330d
Longest-running live mandate: National Flywood Industries Limited at 2,584 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
National Flywood Industries Limited
L20211AS1973PLC001856
Other Manufacturing
IRP · Aug 2019
RP · Oct 2019
2,584d past 330d limit Inviting EoI
Shree Hanuman Sugar and Industries Limited
L15432WB1932PLC007276
Food & Agro
IRP · Sep 2024
RP · Nov 2024
725d past 330d limit Inviting EoI
UNIT CONSTRUCTION CO PVT LTD
U55101WB1948PTC016997
Hospitality & Leisure
RP · May 2026
222d in extension 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
BHOLENATH TRADERS PRIVATE LIMITED
U51109AS2007PTC011053
Trading & Distribution
IRP · Dec 2025
9 mo
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 10% of 2,365 ranked
At Kolkata bench — by mandate countTop 20% of 192
Recovery vs liquidation value146.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 4
Typical time to outcome15 months
national median 16 months · median of 9 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 Professional15
Liquidator7
Of these, 6 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
Guwahati10 mandates
Bench median 11 months to outcome · 45% resolved (38 concluded cases)
Kolkata3 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Sandeep runs a median 15 months to outcome across 9 concluded mandates. The benches those mandates sit in run at 12 months, weighted by how many of his cases each one holds — so he is taking 93 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
Steel & Metals3
Trading & Distribution3
Food & Agro2
Other Manufacturing1
Textiles & Apparel1
Chemicals & Plastics1
Hospitality & Leisure1
Healthcare1

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