Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
JAATVEDAS CONSTRUCTION COMPANY PRIVATE LIMITED
U45202MH2011PTC213252
|
IRP · Sep 2022
RP · Oct 2022
|
🔒 | 🔒 | 🔒 | 2y 11mo
to Sep 2025
|
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
1Where 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: SHAKTI BIO SCIENCE LIMITED at 3,151 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SHAKTI BIO SCIENCE LIMITED
U24116GJ1995PLC024430
Other Manufacturing |
IRP · Feb 2018
|
3,151d past 330d limit | 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Withdrawn / settled
3Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
thrive Therapeutic Pvt. Ltd.
U24239MH2008PTC180854
Other Manufacturing |
IRP · Jul 2020
|
6y 2mo |
|
AKHIL LOGISTICS PRIVATE LIMITED
U63000MH2010PTC199596
Logistics & Transport |
IRP · Oct 2018
|
7y 11mo |
|
WELBY FARMS PRIVATE LIMITED
U74900MH2011PTC217590
Other Services |
IRP · Aug 2023
|
3y 1mo |
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 dissolution2y 10mo
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 |
|---|---|---|---|---|---|
| Vijay Mistry Constructions and Rajkamal Builder Ptivate Limited U25201GJ1998PTC033648
|
Voluntary Liquidator · Oct 2017 |
Rs 10 Cr | Rs 0 Cr | Rs 10 Cr | 2y 10mo to Aug 2020 |
| AMBITECH ENGINEERING INDIA PRIVATE LIMITED U29253MH2014FTC257279
|
Voluntary Liquidator · Feb 2019 |
— | — | — | in process |
| LAZARD INDIA PVT LTD U65990MH1984PTC034572
6 dated steps in the orderMUMBAI BENCH: C-IV
|
Voluntary Liquidator · Sep 2020 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 2y 10mo 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 count2 mandates on record
Typical time to outcome36 months
national median 16 months · median of 1 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 Professional6
Voluntary Liquidator3
Of these, 5 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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Sitansh runs a median 36 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds —
so he is taking 559 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
Other Manufacturing2
Construction & Infrastructure1
Logistics & Transport1
Other Services1
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