Liquidation — order passed
3Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Saubhagya Ornaments Private Limited
U52599DL2009PTC188537
|
IRP · Apr 2019
RP · Apr 2019
Liquidator · Jul 2021
|
🔒 | 🔒 | 🔒 | 2y 4mo
to Jul 2021
|
|
ASSOCIATED TRADE LOGISTICS PRIVATE LIMITED
U63013DL2000PTC105113
|
RP · Jan 2019
Liquidator · Feb 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Sep 2019
|
|
JMD Oils Private Limited
U74899DL1995PTC066690
|
RP · Nov 2020
Liquidator · Feb 2021
|
🔒 | 🔒 | 🔒 | 2y 1mo
to Feb 2021
|
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: International Coil Limited at 3,329 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
International Coil Limited
U29192DL2004PLC127325
Machinery & Equipment |
RP · Sep 2020
|
3,329d past 330d limit | Under CIRP |
|
SHIVAM CONTINENTAL PRIVATE LIMITED
U16009PB2011PTC035792
Food & Agro |
IRP · Feb 2023
|
1,312d past 330d limit | Under CIRP |
|
Trikalp Laminates India Private Limited
U20219DL2017PTC312696
Other Manufacturing |
IRP · Apr 2024
IRP · Apr 2024
RP · May 2024
RP · May 2024
|
901d 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.
Voluntary liquidations
2Solvent 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 2mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 2
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 |
|---|---|---|---|---|---|
| ANZ Capital Private Limited U74140MH2001PTC133879
|
Voluntary Liquidator · Feb 2020 |
— | — | — | in process |
| Contentmart Private Limited U74999HR2015FTC056420
5 dated steps in the orderCHANDIGARH BENCH, CHANDIGARH
Delay recorded in the order“pending receipt of NOCs from various departments and delays caused due to the nationwide lockdown imposed due to the pandemic” |
Voluntary Liquidator · Apr 2019 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 4y 2mo to Jul 2023 |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count6 mandates on record
Typical time to outcome26 months
national median 16 months · median of 3 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 Professional10
Liquidator3
Voluntary Liquidator2
Of these, 3 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 Delhi5 mandates
Bench median 17 months to outcome · 35% resolved (776 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 36% resolved (211 concluded cases)
Shalu runs a median 26 months to outcome across 3 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 taking 247 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
Food & Agro1
Other Manufacturing1
Machinery & Equipment1
Trading & Distribution1
Logistics & Transport1
Other Services1
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