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 |
|---|---|---|---|---|---|
|
KAY PAN FRAGRANCE PRIVATE LIMITED
U16009DL2012PTC237514
→ acquired by Mr. Sushil Kumar Tyagi and Mr. Nitin Kumar
|
IRP · May 2022
RP · Jun 2022
|
🔒 | 🔒 | 🔒 | 18 mo
to Oct 2023
|
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 |
|---|---|---|---|---|---|
|
FALCON AUTO ENGINEERING PRIVATE LIMITED
U34300HR2021PTC099693
|
IRP · Oct 2025
|
— | — | — | 11 mo
to Aug 2026
|
|
JK SURFACE COATINGS PRIVATE LIMITED
U45202MH1998PTC117291
|
IRP · May 2023
RP · Aug 2023
|
🔒 | 🔒 | 🔒 | 13 mo
to Jun 2024
|
|
Perfact Color Digital Prints Private Limited
U74993DL2003PTC120065
|
IRP · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Feb 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: ANGAD INFRASTRUCTURE PRIVATE LIMITED at 2,889 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
ANGAD INFRASTRUCTURE PRIVATE LIMITED
U70101DL2005PTC143003
Real Estate & Housing |
RP · Jul 2024
|
2,889d past 330d limit | Inviting EoI |
|
KIRAN UDYOG PRIVATE LIMITED
U51399DL2000PTC103175
Trading & Distribution |
IRP · May 2023
IRP · May 2023
RP · Jul 2023
RP · Jul 2023
|
1,217d 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.
Withdrawn / settled
3Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
DEIFY INFRASTRUCTURES PRIVATE LIMITED
U45203MH1991PTC062494
Construction & Infrastructure |
IRP · Apr 2023
|
3y 5mo |
|
NEWTECH LA PALACIA PRIVATE LIMITED
U70101DL2013PTC262323
Real Estate & Housing |
IRP · Sep 2019
|
6y 11mo |
|
Heaven Engineers & Contractors Private Limited
U70109DL2012PTC243041
Real Estate & Housing |
IRP · Feb 2020
|
6y 7mo |
Voluntary liquidations
3Solvent 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 dissolution13 mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 3
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 |
|---|---|---|---|---|---|
| GREEN DOT ELECTRIC LIMITED U31100DL1983PLC016355
|
Voluntary Liquidator · Aug 2025 |
— | — | — | in process |
| ADISID Associates Private Limited U65921DL1998PTC096988
|
Voluntary Liquidator · Jul 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 15 mo to Oct 2025 |
| SKYLINE ASSOCIATES PRIVATE LIMITED U74899DL1986PTC025284
7 dated steps in the orderNew Delhi Bench Court IV
Delay recorded in the order“since some compliances are still pending, the applicant needs further time of 15 days” |
Voluntary Liquidator · Jul 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 11 mo to Jul 2025 |
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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Activity & context · vs India's IP universe
Activity — mandate count6 mandates on record
Recovery vs liquidation value99.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome15 months
national median 16 months · median of 4 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 Professional14
Voluntary Liquidator3
Of these, 8 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 Delhi6 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)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Shashi runs a median 15 months to outcome across 4 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 closing 76 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
Real Estate & Housing3
Construction & Infrastructure2
Food & Agro1
Machinery & Equipment1
Trading & Distribution1
Other Services1
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