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Home / RP Tracker / Shashi Agarwal

Shashi Agarwal UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICAI IIIPI Bench n/a Reg IBBI/IPA-001/IP-P00470/2017-18/10813
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 22 CIRP mandates
1
14
2
5
Resolved 1 Liquidation 14 Under CIRP 2 Withdrawn / settled 5
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 14 Under CIRP 2 Withdrawn 5 Voluntary 1 Standing
Mandates
17cases
Top 5% by mandate count · last appointed Oct 2020
Claims Managed
Rs 9,433Cr
across 15 cases with figures
Realised for Creditors
Rs 625Cr
6.6% of admitted claims
Resolved
1cases
7% resolution rate
Recovery vs LV
132.0%
1 of 1 beat the floor
Typical CIRP Time
9 months
nationally 16 months
Largest Mandate
Rs 3,347 Cr
INCAB INDUSTRIES LTD.

Resolved — plan approved

1
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
INCAB INDUSTRIES LTD.
U27108WB1920PLC003641
→ acquired by Vedanta Limited
IRP · Aug 2019
Liquidator · Feb 2020
🔒 🔒 🔒 6y 3mo
to Dec 2025

Liquidation — order passed

14
5 of 14 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates14on this professional's record
Taken to dissolution59 still in process
Distributed vs liquidation value128.1%across 2 cases with both figures · whole record 79.7%
Order to dissolution46 moaverage over 5 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shri Badrinarain Alloys & Steel Limited
L27100WB1983PLC035650
Liquidator · Sep 2019
🔒 🔒 🔒 9 mo
to Sep 2019
GLOBAL COKE LIMITED
U01122WB1999PLC088892
IRP · May 2018
🔒 🔒 🔒 9 mo
to Feb 2019
AAWRUN FURNISHINGS MAN-TRA PRIVATE LIMITED
U17299WB2005PTC103259
IRP · Oct 2019
RP · Nov 2019
🔒 🔒 🔒 3y 9mo
to Aug 2023
BHARAT NRE COKE LIMITED
U23109WB2003PLC097375
Liquidator · Dec 2019
🔒 🔒 🔒 9 mo
to Dec 2019
YASH SMELTER PRIVATE LIMITED
U27100WB2009PTC134892
IRP · Jul 2019
Liquidator · Jan 2020
🔒 🔒 🔒 6 mo
to Jan 2020
VENKATESWARA CAPITAL MANAGEMENT LIMITED
U31300WB1994PLC062517
IRP · Mar 2019
🔒 🔒 🔒 9 mo
to Nov 2019
Falcon Consultancy Private Limited
U45201OR2000PTC006206
IRP · Feb 2018
🔒 🔒 🔒 9 mo
to Dec 2018
BHATTAD BROTHERS REALTY PRIVATE LIMITED
U45202MH2010PTC210848
IRP · Sep 2019
IRP · Sep 2019
🔒 🔒 🔒 3y 3mo
to Dec 2022
AXIOM ESTATES ADVISORY SERVICES PRIVATE LIMITED
U45400WB2007PTC116181
IRP · Oct 2019
🔒 🔒 🔒 16 mo
to Jan 2021
KAMPILYA BUILDERS PRIVATE LIMITED
U51102WB1995PTC072597
IRP · Jul 2019
RP · Sep 2019
🔒 🔒 🔒 18 mo
to Jan 2021
SARSWATI SALES PRIVATE LIMITED
U51909WB2008PTC130190
RP · Jun 2019
IRP · Jun 2019
Liquidator · Nov 2019
🔒 🔒 🔒 4 mo
to Nov 2019
P K S LTD
U63090WB1982PLC035099
RP · Sep 2020
RP · Oct 2020
🔒 🔒 🔒 2y 10mo
to Jun 2022
SEAJAAN LOGISTICS PRIVATE LIMITED
U63090WB2002PTC095166
IRP · Apr 2019
RP · Jul 2019
🔒 🔒 🔒 9 mo
to Dec 2019
MANTHAN BROADBAND SERVICES PRIVATE LIMITED
U64203WB2002PTC094700
IRP · Sep 2019
🔒 🔒 🔒 2y 6mo
to Apr 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

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.
1past 330d
1no date on record
Longest-running live mandate: West Bengal Biotech Development Limited at 2,431 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
West Bengal Biotech Development Limited
U73100WB2009SGC136079
Other Services
IRP · Mar 2020
2,431d past 330d limit Under CIRP
FINECRETE ECO-BLOCKS PRIVATE LIMITED
U26960WB2013PTC196584
RP · May 2020
no commencement date Under CIRP
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
Vipul Limited
L65923DL2002PLC167607
Financial Services
IRP · Jan 2020
IRP · Jan 2020
6y 8mo
Pobi Technologies & Construction Private Limited
U45203WB2006PTC111398
Construction & Infrastructure
IRP · Dec 2019
6y 9mo
Dayal Commercial Co Private Limited
U65192WB1946PTC013579
Financial Services
IRP · Nov 2018
7y 9mo
PRADEEP STRUCTURAL DEVELOPMENT PRIVATE LIMITED
U74140WB2004PTC100932
Other Services
IRP · Jul 2019
7y 2mo
Innovate Ventures (India) Private Limited
U80903TR2012PTC008373
Other Services
IRP · Sep 2019
7y

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 dissolution2y 5mo 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
DSM SOBISCO FOODS PRIVATE LIMITED
U15122WB2015PTC206339
5 dated steps in the order
Kolkata Bench
  1. Members' resolution26 Mar 2019
  2. Commencement30 Mar 2019
  3. Public announcement2 Apr 2019
  4. Final report17 Mar 2020
  5. Dissolution order22 Sep 2021
Voluntary Liquidator · Mar 2019
Rs 0 Cr 2y 5mo
to Sep 2021
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 2,308 ranked
Recovery vs liquidation value132.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome9 months
national median 16 months · median of 15 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 Professional27
Liquidator5
Voluntary Liquidator1
Of these, 18 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
Kolkata18 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Guwahati1 mandate
Bench median 11 months to outcome · 45% resolved (38 concluded cases)
Shashi runs a median 9 months to outcome across 15 concluded mandates. The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds — so he is closing 160 days faster 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 & Infrastructure4
Other Manufacturing3
Logistics & Transport3
Other Services3
Financial Services2
Trading & Distribution2
Food & Agro1
Textiles & Apparel1

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