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Home / RP Tracker / Sapan Mohan Garg

Sapan Mohan Garg UNCLAIMED PROFILE

Insolvency Professional · Delhi · Active since 2019
IPA ICSI IIP Bench New Delhi · North Reg IBBI/IPA-002/IP-N00315/2017-2018/10903 CPE 138 credits
HotelsWholesale and Retail TradeReal EstateManufacturing
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 19 CIRP mandates
2
3
13
1
Resolved 2 Liquidation 3 Under CIRP 13 Withdrawn / settled 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 3 Under CIRP 13 Withdrawn 1 Voluntary 1 Standing
Mandates
18cases
Top 5% by mandate count · last appointed Jan 2026
Claims Managed
Rs 685Cr
across 5 cases with figures
Realised for Creditors
Rs 232Cr
33.8% of admitted claims
Resolved
2cases
40% resolution rate
Recovery vs LV
138.1%
2 of 2 beat the floor
Typical CIRP Time
23 months
nationally 16 months
Largest Mandate
Rs 366 Cr
LEADING HOTELS LIMITED

Resolved — plan approved

2
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
VME PROPERTIES PRIVATE LIMITED
U45309TN2007PTC065781
→ acquired by JANUSHRUT HOLDINGS PRIVATE LIMITED
IRP · Sep 2021
RP · Sep 2021
🔒 🔒 🔒 2y
to Sep 2023
LEADING HOTELS LIMITED
U55101DL2005PLC143141
→ acquired by Devrat Developers Limited
RP · Jun 2022
🔒 🔒 🔒 3y
to Jul 2024

Liquidation — order passed

3
Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
VINESH TRADERS PRIVATE LIMITED
U51102DL1993PTC052820
IRP · Mar 2022
RP · Apr 2022
Liquidator · Aug 2023
🔒 🔒 🔒 17 mo
to Aug 2023
Jassum Propocon Projects Private Limited
U74899DL1984PTC019484
IRP · Oct 2019
RP · Dec 2019
🔒 🔒 🔒 15 mo
to Feb 2021
SORT INDIA ENVIRO SOLUTIONS LIMITED
U90000GJ2010PLC059257
RP · Dec 2020
Liquidator · Aug 2022
🔒 🔒 🔒 1y 11mo
to Aug 2022
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

13
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
1271–330d
11past 330d
Longest-running live mandate: M K OVERSEAS PRIVATE LIMITED at 2,560 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
M K OVERSEAS PRIVATE LIMITED
U25209DL1987PTC029976
Other Manufacturing
RP · Feb 2023
2,560d past 330d limit Under CIRP
Shree Ram Urban Infrastructure Limited
L17110MH1935PLC002241
Textiles & Apparel
RP · Nov 2022
2,512d past 330d limit Under CIRP
GLOBAL GALLARIE WHEELS PRIVATE LIMITED
U50102MH2012PTC235992
Trading & Distribution
IRP · Sep 2021
1,824d past 330d limit Under CIRP
Concord Buildwell Private Limited
U45201DL2004PTC130093
Construction & Infrastructure
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
Limelight Realtors Private Limited
U45201DL2004PTC130519
Construction & Infrastructure
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
Anjaney Developers Private Limited
U45201DL2005PTC137254
Construction & Infrastructure
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
CRIMSON INFRASTRUCTURE PRIVATE LIMITED
U45201DL2005PTC137256
Construction & Infrastructure
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
Dolphin Buildwell Private Limited
U45201DL2005PTC137257
Construction & Infrastructure
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
Honey Builders Limited
U45203DL2001PLC113154
Construction & Infrastructure
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
Symphony Realtors Private Limited
U70101DL2004PTC126802
Real Estate & Housing
IRP · Mar 2025
RP · Jun 2025
553d past 330d limit Inviting EoI
Veer Chemicals Private Limited
U74899DL1989PTC037859
Other Services
IRP · Mar 2025
RP · Jun 2025
545d past 330d limit Inviting EoI
BLISS ABODE PRIVATE LIMITED
U70109DL2017PTC313912
Real Estate & Housing
IRP · Dec 2025
281d inside 330d Newly admitted
BLISS HOUSE PRIVATE LIMITED
U70100DL2016PTC304728
Real Estate & Housing
IRP · Jan 2026
244d in extension 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Asian Hotels (West) Limited
L55101DL2007PLC157518
Hospitality & Leisure
IRP · Sep 2022
RP · Dec 2022
4y

Voluntary liquidations

1
Solvent 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 dissolution4y 3mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Hankook Tires India LLP
AAJ2143
6 dated steps in the order
NEW DELHI BENCH (COURT – II)
  1. Members' resolution28 Dec 2021
  2. Commencement29 Dec 2019
  3. Claims deadline10 Feb 2022
  4. Preliminary report25 Feb 2022
  5. Final report5 Apr 2023
  6. Dissolution order23 Apr 2026
Voluntary Liquidator · Dec 2021
Rs 1 Cr Rs 0 Cr Rs 0 Cr 4y 3mo
to Apr 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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,365 ranked
At New Delhi bench — by mandate countTop 5% of 420
Recovery vs liquidation value138.1%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome23 months
national median 16 months · median of 5 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 Professional31
Liquidator2
Voluntary Liquidator1
Of these, 15 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 Delhi15 mandates
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (445 concluded cases)
Sapan runs a median 23 months to outcome across 5 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 182 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
Construction & Infrastructure7
Real Estate & Housing3
Other Services3
Hospitality & Leisure2
Trading & Distribution2
Textiles & Apparel1
Other Manufacturing1

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