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Home / RP Tracker / Sunit Jagdishchandra Shah

Sunit Jagdishchandra Shah UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2018
IPA ICAI IIIPI Bench Ahmedabad · West Reg IBBI/IPA-001/IP-P00471/2017-18/10814 CPE 164 credits
ElectricityWholesale and Retail TradeManufacturingOthers (We have Expertise Knowledge of conducting CIRP of Infrastructure Industry, Diamond & jewellery Industry, Textile Industry, Energy Sector, Software & Educational Services, Manufacturing of tiles, CeramicsIndustry, Manufacturing of Chemicals & Salt Industry, Metal Industry, and Ship Making Industry, Cotton Ginning Industry, Paper Industry, Wood Industry, Polymers & Plastics Industry.)
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 20 CIRP mandates
5
10
3
2
Resolved 5 Liquidation 10 Under CIRP 3 Withdrawn / settled 2
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 5 Liquidation 10 Under CIRP 3 Withdrawn 2 Voluntary 1 Standing
Mandates
18cases
Top 5% by mandate count · last appointed Mar 2026
Claims Managed
Rs 20,905Cr
across 12 cases with figures
Realised for Creditors
Rs 59Cr
0.3% of admitted claims
Resolved
5cases
33% resolution rate
Recovery vs LV
119.7%
4 of 4 beat the floor
Typical CIRP Time
21 months
nationally 16 months
Largest Mandate
Rs 8,311 Cr
Winsome Diamonds and Je…

Resolved — plan approved

5
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
SHREE RAJESHWARANAND PAPER MILLS LIMITED
L21093GJ1991PLC057244
→ acquired by Mercury Terra Firma
RP · Mar 2023
🔒 🔒 🔒 1y 11mo
to Nov 2024
SQL Star International Limited
L72200TG1987PLC048874
→ acquired by Infinia Fabrics Private Limited
IRP · Jul 2019
RP · Aug 2019
🔒 🔒 🔒 2y 1mo
to Aug 2021
Sungracia Tiles Private Limited
U26914GJ2012PTC068945
→ acquired by Sepal Tiles Private Limited
IRP · Dec 2019
RP · Jan 2020
🔒 🔒 🔒 15 mo
to Feb 2021
vicor stainless private limited
U27109GJ2012PTC070100
→ acquired by Mangalam Worldwide Private Limited
IRP · Mar 2020
🔒 🔒 🔒 2y 4mo
to Jul 2022
Jaihind Infra Tech Projects Private Limited
U45201GJ2010PTC060364
→ acquired by Divyansh Constructions Pvt. Ltd
IRP · Jan 2018
RP · Feb 2018
🔒 🔒 🔒 1y 8mo
to Sep 2019

Liquidation — order passed

10
4 of 10 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates10on this professional's record
Taken to dissolution46 still in process
Distributed vs liquidation value4.2%across 2 cases with both figures · whole record 79.7%
Order to dissolution24 moaverage over 4 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
ESKAY K 'N' IT (INDIA) LIMITED
L18109DN1987PLC000034
Liquidator · Nov 2025
🔒 🔒 🔒 5y 9mo
to Nov 2025
Winsome Diamonds and Jewellery Limited
L36910GJ1985PLC015915
IRP · Feb 2018
🔒 🔒 🔒 2y 6mo
to Sep 2020
ADVANTAGE OVERSEAS PRIVATE LIMITED
U05121MH2004PTC199195
IRP · Nov 2023
RP · Dec 2023
🔒 🔒 🔒 13 mo
to Nov 2024
NEERU COTTON PRIVATE LIMITED
U18101GJ2012PTC072962
IRP · Aug 2018
RP · Sep 2018
Liquidator · Sep 2019
🔒 🔒 🔒 13 mo
to Sep 2019
HARISHANKAR PAPER PRODUCTS PRIVATE LIMITED
U21012TG1996PTC024764
IRP · Apr 2022
RP · May 2022
🔒 🔒 🔒 7 mo
to Nov 2022
SRK Chemicals Limited
U24298GJ2005PLC047229
IRP · Nov 2019
RP · Feb 2020
🔒 🔒 🔒 2y
to Nov 2021
KOHINOOR DIAMONDS PRIVATE LIMITED
U36911GJ1983PTC068551
IRP · Feb 2018
RP · May 2018
🔒 🔒 🔒 9 mo
to Nov 2018
MIKU POLYMERS & PLASTICS LIMITED
U51902GJ2019PLC106891
RP · Sep 2023
🔒 🔒 🔒 1y 9mo
to Apr 2025
Patidar Exim Private Limited
U51909TG1994PTC017534
IRP · May 2022
RP · Jun 2022
Liquidator · Dec 2022
🔒 🔒 🔒 10 mo
to Dec 2022
ALCOCK ASHDOWN (GUJARAT) LIMITED
U74999GJ1994SGC022952
IRP · Mar 2021
RP · Apr 2021
🔒 🔒 🔒 3y 9mo
to Jan 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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1181–270d
2past 330d
Longest-running live mandate: Shree Sachidanand Industries Private Limited at 2,493 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Shree Sachidanand Industries Private Limited
U51909GJ1993PTC020698
Trading & Distribution
IRP · Dec 2019
2,493d past 330d limit Under CIRP
ASIAN BUSINESS CONNECTIONS PRIVATE LIMITED
U51109MP2009PTC022634
Trading & Distribution
IRP · Jun 2025
RP · Jul 2025
476d past 330d limit Inviting EoI
MIKI MAIZE MILLING PRIVATE LIMITED
U15490GJ2007PTC052354
Food & Agro
IRP · Feb 2026
RP · Mar 2026
223d in extension 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

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
VARDHMAN VITRIFIED PRIVATE LIMITED
U26913GJ2009PTC057603
Other Manufacturing
IRP · Sep 2020
RP · Oct 2020
6y
Photon Energy System Limited
U32103TG1995PLC036134
IRP · Feb 2019
7y 7mo

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.
Typical time to dissolution1y 8mo median across every VL on record — none of these mandates has reached dissolution yet
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
ROBERT BOSCH AUTOMOTIVE STEERING PRIVATE LIMITED
U29130PN2007PTC130749
Voluntary Liquidator · Mar 2024
in process
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 2,365 ranked
At Ahmedabad bench — by mandate countTop 5% of 130
Recovery vs liquidation value119.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor4 of 4
Typical time to outcome21 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 Professional32
Liquidator3
Voluntary Liquidator1
Of these, 17 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
Ahmedabad14 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Hyderabad4 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Sunit runs a median 21 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 taking 182 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 Manufacturing5
Trading & Distribution4
Textiles & Apparel2
Food & Agro2
IT, Telecom & Media1
Chemicals & Plastics1
Cement, Glass & Ceramics1
Steel & Metals1

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