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Home / RP Tracker / Shailesh Desai

Shailesh Desai UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00183/2017-2018/10362 CPE 161 credits
Other ServicesOther ManufacturingTrading & DistributionConstruction & InfrastructureSteel & MetalsFood & Agro
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Viewed 6× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 28 CIRP mandates
5
6
12
5
Resolved 5 Liquidation 6 Under CIRP 12 Withdrawn / settled 5
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 5 Liquidation 6 Under CIRP 12 Withdrawn 5 Standing
Mandates
23cases
Top 5% by mandate count · last appointed Mar 2026
Claims Managed
Rs 2,747Cr
across 8 cases with figures
Realised for Creditors
Rs 386Cr
14.1% of admitted claims
Resolved
5cases
45% resolution rate
Recovery vs LV
385.9%
2 of 3 beat the floor
Typical CIRP Time
18 months
nationally 16 months
Largest Mandate
Rs 866 Cr
Sanghavi Exports Intern…

Resolved — plan approved

5
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
Cane Agro Energy (India) Ltd
U01115PN2007PLC130211
→ acquired by Raigaon Sugar & Power Ltd. JV
IRP · Jun 2020
IRP · Jun 2020
🔒 🔒 🔒 3y 10mo
to Mar 2025
SHRI FAKIRCHAND ENTERPRISES PRIVATE LIMITED
U36912MH2013PTC239672
→ acquired by Jinesh K Sancheti, Meena K Sancheti and Anuja J Sancheti (consortium)
IRP · Jan 2024
RP · Feb 2024
🔒 🔒 🔒 1y 6mo
to Jul 2025
EVYAVAN MERCANTILE PRIVATE LIMITED
U51909MH2005PTC154967
→ acquired by Mr. Bijay Kumar Dokania
IRP · Nov 2023
RP · Dec 2023
🔒 🔒 🔒 2y 3mo
to Feb 2026
Rustagi Impex Private Limited
U74899DL1983PTC016239
→ acquired by Technopack Industries
RP · Jul 2018
🔒 🔒 🔒 15 mo
to Aug 2019
Shraman Estates Private Limited
U74899DL1990PTC038939
→ acquired by Mr. Jaspal Singh Chandock
IRP · Jan 2023
RP · Feb 2023
🔒 🔒 🔒 2y 2mo
to Mar 2025

Liquidation — order passed

6
3 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution33 still in process
Distributed vs liquidation value146.5%across 3 cases with both figures · whole record 79.7%
Order to dissolution32 moaverage over 3 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
M/s Prabhat Technologies (India) Ltd. (formerly known as Prabhat Telecoms (India) Ltd.)
L72100MH2007PLC169551
Liquidator · Jan 2024
🔒 🔒 🔒 4y 2mo
to Jan 2024
E M I Transmission Limited
U28100MH1973PLC016533
IRP · Apr 2019
RP · May 2019
Liquidator · Aug 2020
🔒 🔒 🔒 16 mo
to Aug 2020
Turbo Metals Private Limited
U28112MH2010PTC208361
IRP · Jan 2019
RP · Feb 2019
Liquidator · Feb 2020
🔒 🔒 🔒 13 mo
to Feb 2020
STATOMAT SPECIAL MACHINES (INDIA) PRIVATE LIMITED
U29299MH1992PTC064675
IRP · Nov 2025
Deemed RP · Jan 2026
Liquidator · Mar 2026
🔒 🔒 🔒 4 mo
to Mar 2026
Sanghavi Exports International Pvt Ltd
U36911MH2007PTC170013
Liquidator · Dec 2020
🔒 🔒 🔒 1y 9mo
to Dec 2020
Deogiri Infrastructure Private Limited
U45200MH2007PTC166930
IRP · Mar 2023
RP · May 2023
Liquidator · Oct 2023
🔒 🔒 🔒 6 mo
to Oct 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

12
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1within 180d
11past 330d
Longest-running live mandate: Air Carrying Corporation (India) Private Limited at 1,408 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Air Carrying Corporation (India) Private Limited
U63113WB1975PTC030141
Logistics & Transport
IRP · Nov 2022
RP · Dec 2022
1,408d past 330d limit Inviting EoI
Maharashtra Theatres Private Limited
U92110MH1969PTC014480
Hospitality & Leisure
IRP · Mar 2023
RP · May 2023
1,274d past 330d limit Inviting EoI
SUSHITEX INDUSTRIES PRIVATE LIMITED
U17291MH2010PTC205365
Textiles & Apparel
RP
1,264d past 330d limit Under CIRP
AUTO CREATES (INDIA) P LTD
U99999MH1991PTC059843
Other Services
IRP · Oct 2023
RP · Nov 2023
1,085d past 330d limit Inviting EoI
Kishore Transport Services Private Limited
U63090MH1998PTC116335
Logistics & Transport
IRP · Jan 2024
988d past 330d limit Under CIRP
Ramila Diam Private Limited
U36911MH2010PTC203571
Other Manufacturing
IRP · Jun 2024
RP · Jul 2024
826d past 330d limit Inviting EoI
Privilege Health Care Services Private Limited
U85100MH2009PTC196802
Healthcare
RP · Jun 2020
RP · Jun 2020
584d past 330d limit Inviting EoI
ROADWAY SOLUTIONS INDIA INFRA LIMITED
U45201PN2017PLC169565
Construction & Infrastructure
IRP · Jul 2025
IRP · Jul 2025
434d past 330d limit Under CIRP
KAVED STEEL PRODUCTS PRIVATE LIMITED
U74900PN2011PTC140279
Other Services
RP · Oct 2025
396d past 330d limit Newly admitted
ABAN OFFSHORE LIMITED
L01119TN1986PLC013473
Food & Agro
IRP · Oct 2025
RP · Nov 2025
389d past 330d limit Newly admitted
BAFNA MOTORS PRIVATE LIMITED
U50100MH1973PTC016956
Trading & Distribution
IRP · Oct 2025
RP · Nov 2025
346d past 330d limit Inviting EoI
JUMBO SAMRIDDHI (INDIA) LIMITED
U65923RJ1998PLC014961
IRP
65d within 180d 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

5
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
NRW Polymers Private Limited
U25200MH1986PTC038630
Other Manufacturing
IRP · Apr 2022
4y 4mo
TOPAIM PROPERTIES PRIVATE LIMITED
U45200MH1994PTC083044
Construction & Infrastructure
IRP · May 2022
4y 4mo
RAGHULEELA BUILDERS PRIVATE LIMITED
U45200MH2007PTC210593
Construction & Infrastructure
RP · Aug 2025
4y 11mo
Sunshine Caterers Private Limited
U55101CT2009PTC021097
Trading & Distribution
IRP · Nov 2018
RP · Dec 2018
7y 10mo
Samco Securities Limited
U66220MH2004PLC146183
Financial Services
IRP · Jan 2024
2y 7mo
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 5% of 2,570 ranked
At Mumbai bench — by mandate countTop 5% of 445
Recovery vs liquidation value385.9%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 3
Typical time to outcome18 months
national median 16 months · median of 11 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 Professional43
Liquidator6
Of these, 21 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
Mumbai23 mandates
Bench median 18 months to outcome · 34% resolved (1,251 concluded cases)
New Delhi2 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (504 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Shailesh runs a median 18 months to outcome across 11 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 Services5
Other Manufacturing4
Construction & Infrastructure4
Trading & Distribution3
Food & Agro2
Steel & Metals2
Logistics & Transport2
Textiles & Apparel1
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