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Home / RP Tracker / Sumit Shukla

Sumit Shukla UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICMAI IPA Bench New Delhi · North Reg IBBI/IPA-003/IP-N00064/2017-2018/10550 CPE 161 credits
Other ServicesTextiles & ApparelConstruction & InfrastructureSteel & MetalsHealthcareMachinery & Equipment
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Career composition · 15 CIRP mandates
6
3
6
Resolved 6 Liquidation 3 Under CIRP 6
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 6 Liquidation 3 Under CIRP 6 Voluntary 1 Standing
Mandates
15cases
Top 10% by mandate count · last appointed Jul 2026
Claims Managed
Rs 1,082Cr
across 8 cases with figures
Realised for Creditors
Rs 160Cr
14.8% of admitted claims
Resolved
6cases
67% resolution rate
Recovery vs LV
115.8%
6 of 6 beat the floor
Typical CIRP Time
20 months
nationally 16 months
Largest Mandate
Rs 807 Cr
Oliver Engineering Pvt …

Resolved — plan approved

6
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
SITARGANJ FIBERS LIMITED
U17291UP2012PLC049535
→ acquired by Babu Lal Patwari
IRP · Apr 2019
RP · May 2019
🔒 🔒 🔒 10 mo
to Feb 2020
Trimurti Concast Private Limited
U27104UP1989PTC011063
→ acquired by Shree Shailja Iron and Steels Pvt Ltd
RP · May 2020
🔒 🔒 🔒 2y 2mo
to Mar 2022
SOM RESORTS PRIVATE LIMITED
U55102DL2003PTC123002
→ acquired by Casa Italia Social Welfare Association
IRP · Aug 2022
RP · Sep 2022
🔒 🔒 🔒 2y 4mo
to Dec 2024
JAGDAMBA LOHA UDHYOG PRIVATE LIMITED
U73100UP1996PTC019256
→ acquired by Sushil Agarwal
RP · Aug 2018
IRP · Jul 2019
🔒 🔒 🔒 1y 11mo
to Jul 2020
Oliver Engineering Pvt Ltd
U74999DL2011PTC222377
→ acquired by Kirloskar Ferrous Industries Limited
RP · Aug 2022
🔒 🔒 🔒 17 mo
to Sep 2023
SIBRI TRADERS PRIVATE LIMITED
U85110UP1992PTC013957
→ acquired by M/s Kinetic Trust Limited
IRP · Apr 2025
RP · May 2025
Rs 2 Cr Rs 1 Cr 262.9% 12 mo
to May 2026

Liquidation — order passed

3
Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
PARAMEX TRANSFORMERS LIMITED
U31501DL2010PLC207752
RP · Oct 2020
Liquidator · Feb 2022
🔒 🔒 🔒 1y 7mo
to Feb 2022
AVINASH EM PROJECTS PRIVATE LIMITED
U45201DL2006PTC145665
IRP · Jul 2023
🔒 🔒 🔒 8 mo
to Mar 2024
APS INFRA ENGINEERS PRIVATE LIMITED
U45400DL2021PTC377794
IRP · Aug 2024
— — — 1y 10mo
to Jul 2026
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

6
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1within 180d
1271–330d
4past 330d
Longest-running live mandate: KAMRUP HOUSING PROJECTS PRIVATE LIMITED at 2,783 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
KAMRUP HOUSING PROJECTS PRIVATE LIMITED
U45201DL2004PTC124303
Construction & Infrastructure
IRP · Feb 2019
2,783d past 330d limit Under CIRP
CONTEXUS RESOURCE MANAGEMENT PRIVATE LIMITED
U93000UP2018PTC103322
Other Services
IRP · May 2023
RP · Jul 2023
1,244d past 330d limit Under CIRP
SATLUJ SPINTEX LIMITED
U17290PB2010PLC033706
Textiles & Apparel
RP · Dec 2024
816d past 330d limit Under CIRP
BIHARIJI PACKAGING PRODUCTS PRIVATE LIMITED
U74900UP2009PTC036809
Other Services
IRP · Jun 2025
RP · Jul 2025
478d past 330d limit Inviting EoI
DAMARA GOLD PRIVATE LIMITED
U74990MH2009PTC193131
Other Services
IRP · Dec 2025
RP · Jan 2026
293d inside 330d Inviting EoI
BLD METAL AND ALLOYS PRIVATE LIMITED
U27100DL2015PTC280585
Other Manufacturing
IRP · Jun 2026
RP · Jul 2026
116d within 180d Newly admitted
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.

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 dissolution8 mo across 1 completed · every VL on record runs 1y 8mo
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
LEATHER CLUSTER DEVELOPMENT LIMITED
U93030UP2012PLC052414
Voluntary Liquidator · Jun 2021
Rs 0 Cr — Rs 0 Cr 8 mo
to Mar 2022
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 countTop 10% of 2,567 ranked
At New Delhi bench — by mandate countTop 10% of 432
Recovery vs liquidation value115.8%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor6 of 6
Typical time to outcome20 months
national median 16 months · median of 9 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 Professional23
Liquidator1
Voluntary Liquidator1
Of these, 11 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 Delhi7 mandates
Bench median 17 months to outcome · 35% resolved (776 concluded cases)
Allahabad6 mandates
Bench median 20 months to outcome · 44% resolved (101 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 36% resolved (211 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Sumit runs a median 20 months to outcome across 9 concluded mandates. The benches those mandates sit in run at 19 months, weighted by how many of his cases each one holds — so he is taking 33 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 Services4
Construction & Infrastructure3
Textiles & Apparel2
Steel & Metals2
Other Manufacturing1
Machinery & Equipment1
Hospitality & Leisure1
Healthcare1
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