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Home / RP Tracker / Subhash Kumar Kundra

Subhash Kumar Kundra UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA ICSI IIP Bench New Delhi · North Reg IBBI/IPA-002/IP-N00399/2017-2018/11174 CPE 1 credits
Machinery & EquipmentOther ServicesConstruction & InfrastructureOther ManufacturingFinancial Services
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Career composition · 6 CIRP mandates
1
4
1
Resolved 1 Liquidation 4 Under CIRP 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 4 Under CIRP 1 Standing
Mandates
6cases
5 with financials · last appointed Jan 2023
Claims Managed
Rs 1,621Cr
across 5 cases with figures
Realised for Creditors
Rs 166Cr
10.2% of admitted claims
Resolved
1cases
20% resolution rate
Recovery vs LV
114.8%
1 of 1 beat the floor
Typical CIRP Time
26 months
nationally 16 months
Largest Mandate
Rs 1,203 Cr
CLC Industries Limited

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
CLC Industries Limited
L74899DL1991PLC138153
→ acquired by Manjeet Cotton Pvt. Ltd. & Vitthal Corporation Limited (In Consortium)
IRP · Jan 2020
RP · Feb 2020
🔒 🔒 🔒 3y 4mo
to May 2023

Liquidation — order passed

4
1 of 4 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates4on this professional's record
Taken to dissolution13 still in process
Distributed vs liquidation value63.6%across 1 case with both figures · whole record 79.7%
Order to dissolution40 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
CLASSIC BOTTLE CAPS PRIVATE LIMITED
U25209DL2000PTC105213
RP · Jun 2020
Liquidator · Apr 2022
🔒 🔒 🔒 2y 2mo
to Apr 2022
Taurus Agile Technology Corporation Private Limited
U29299DL2005PTC139681
IRP · Apr 2019
RP · May 2019
Liquidator · Sep 2019
🔒 🔒 🔒 5 mo
to Sep 2019
EKDANT BUILDTECH PRIVATE LIMITED
U45200DL2011PTC215815
RP · Jan 2020
🔒 🔒 🔒 2y 4mo
to Mar 2022
KANDIVLI BALAJI INVESTMENT PRIVATE LIMITED
U65990MH1994PTC076481
RP · Jan 2023
🔒 🔒 🔒 13 mo
to Dec 2023
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

1
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
Longest-running live mandate: JASS GROUNDING SYSTEMS PRIVATE LIMITED at 2,731 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
JASS GROUNDING SYSTEMS PRIVATE LIMITED
U43210DL2010PTC210740
Construction & Infrastructure
IRP · Apr 2019
2,731d 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.
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 value114.8%
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 outcome26 months
national median 16 months · median of 5 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 Professional8
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 Delhi4 mandates
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)
Subhash runs a median 26 months to outcome across 5 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 267 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
Construction & Infrastructure2
Other Services1
Other Manufacturing1
Machinery & Equipment1
Financial Services1
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