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Home / RP Tracker / Sanjay Borad

Sanjay Borad UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2023
IPA ICMAI IPA Bench Ahmedabad · West Reg IBBI/IPA-003/00441/2023-2024/14324
ConstructionReal EstateManufacturingOthers (Chemicals, Tobacco, Cigarette, Shipyard, Cement, Energy)
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Career composition · 2 CIRP mandates
2
Under CIRP 2
Appointments by year
'23'24'25'26
Overview Under CIRP 2 Standing
Mandates
2cases
0 with financials · last appointed May 2024
Resolved
0cases
0% resolution rate

Under CIRP — live

2
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2past 330d
Longest-running live mandate: Golden Tobacco Limited at 1,568 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Golden Tobacco Limited
L16000GJ1955PLC067605
Food & Agro
RP · May 2024
1,568d past 330d limit Inviting EoI
Nirbhay Rasayan Private Limited
U24110MH1987PTC042810
Chemicals & Plastics
RP · Dec 2023
1,068d 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.
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 count2 mandates on record
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 Professional2
Benches — his mandates vs the forum's tempo
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
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
Chemicals & Plastics1

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