Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
INCAB INDUSTRIES LTD.
U27108WB1920PLC003641
→ acquired by Vedanta Limited
|
IRP · Aug 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 6y 3mo
to Dec 2025
|
Liquidation — order passed
145 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 Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
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
2Where 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: West Bengal Biotech Development Limited at 2,431 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
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
5Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time 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
1Solvent 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 Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| DSM SOBISCO FOODS PRIVATE LIMITED U15122WB2015PTC206339
5 dated steps in the orderKolkata Bench
|
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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