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Home / RP Tracker / Tarun Kumar Ray

Tarun Kumar Ray UNCLAIMED PROFILE

Insolvency Professional · Active since 2020
IPA ICAI IIIPI Bench Kolkata · East Reg IBBI/IPA-001/IP-P01411/2018-2019/12228 CPE 63 credits
Food & AgroTextiles & ApparelSteel & MetalsTrading & DistributionElectronics & Electricals
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Career composition · 5 CIRP mandates
1
1
1
2
Resolved 1 Liquidation 1 Under CIRP 1 Withdrawn / settled 2
Appointments by year
'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Under CIRP 1 Withdrawn 2 Voluntary 1 Standing
Mandates
3cases
2 with financials · last appointed Jul 2023
Claims Managed
Rs 54Cr
across 2 cases with figures
Realised for Creditors
Rs 4Cr
7.4% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
98.3%
0 of 1 beat the floor
Typical CIRP Time
13 months
nationally 16 months
Largest Mandate
Rs 48 Cr
POWER MAX(INDIA) PRIVAT…

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
POWER MAX(INDIA) PRIVATE LIMITED
U31403WB1984PTC037436
→ acquired by Shyam Enterprises
IRP · May 2023
🔒 🔒 🔒 13 mo
to May 2024

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Order to dissolution16 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
DYNAMIC HATCHERIES PRIVATE LIMITED
U05000WB2011PTC161169
RP · Dec 2022
Liquidator · Jul 2023
🔒 🔒 🔒 13 mo
to Jul 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: Ankit Metal and Power Limited at 875 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Ankit Metal and Power Limited
L27101WB2002PLC094979
Steel & Metals
IRP · Jan 2020
IRP · Jan 2020
IRP · Jan 2020
875d 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

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
SPECTRA FASHIONS PRIVATE LIMITED
U18101WB2007PTC112736
Textiles & Apparel
IRP · Feb 2023
RP · Apr 2023
3y 7mo
P SARKAR FABRICATORS PRIVATE LIMITED
U46300WB2014PTC200763
Trading & Distribution
IRP · Apr 2022
4y 4mo

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
MONDAL CYBERNETICS PRIVATE LIMITED
U72900WB2018PTC228888
Voluntary Liquidator · Jan 2023
— — — 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 →.
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Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Recovery vs liquidation value98.3%
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 outcome13 months
national median 16 months · median of 2 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
Liquidator1
Voluntary Liquidator1
Of these, 4 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
Kolkata5 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Tarun runs a median 13 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds — so he is closing 54 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
Steel & Metals1
Food & Agro1
Textiles & Apparel1
Electronics & Electricals1
Trading & Distribution1
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