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Home / RP Tracker / Udayraj Patwardhan

Udayraj Patwardhan UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2017
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00024/2016-2017/10057 CPE 119 credits
Real EstateOthers (Ship Building, Toll Road)
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Career composition · 28 CIRP mandates
6
5
7
10
Resolved 6 Liquidation 5 Under CIRP 7 Withdrawn / settled 10
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 6 Liquidation 5 Under CIRP 7 Withdrawn 10 Standing
Mandates
18cases
Top 5% by mandate count · last appointed Dec 2024
Claims Managed
Rs 27,715Cr
across 11 cases with figures
Realised for Creditors
Rs 3,155Cr
11.4% of admitted claims
Resolved
6cases
55% resolution rate
Recovery vs LV
151.5%
5 of 6 beat the floor
Typical CIRP Time
20 months
nationally 16 months
Largest Mandate
Rs 10,701 Cr
Pinky Shipyard Private …

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
Indus Fila Limited
L17121KA1999PLC025320
→ acquired by SPG Macrocosm Limited through SPV-Vision Textile
RP · May 2018
🔒 🔒 🔒 15 mo
to May 2019
IND-BARATH ENERGY (UTKAL) LIMITED
U40105TG2008PLC058638
→ acquired by M/s. JSW Energy Limited
IRP · Aug 2018
RP · Oct 2018
🔒 🔒 🔒 3y 10mo
to Jul 2022
ADEL LANDMARKS LIMITED
U45203DL2005PLC134375
→ acquired by Art Constructions Private Limited
IRP · Dec 2018
RP · Jan 2019
Rs 3,127 Cr Rs 472 Cr 130.6% 7y 5mo
to May 2026
KETI HIGHWAY DEVELOPERS PRIVATE LIMITED
U45203MP2007PTC019487
→ acquired by M/s. Samayak International Limited
IRP · Aug 2017
RP · Sep 2017
🔒 🔒 🔒 11 mo
to Jul 2018
LAVASA CORPORATION LIMITED
U55101MH2000PLC187834
→ acquired by Darwin Platform Infrastructure Limited
RP · Dec 2024
🔒 🔒 🔒 4y 10mo
to Jul 2023
Orange Medicare And Research Centre Private Limited
U85110PN2009PTC133854
→ acquired by Mr. Jitendra Bhandari
IRP · Feb 2022
RP · Apr 2022
🔒 🔒 🔒 16 mo
to Jun 2023

Liquidation — order passed

5
Liquidation mandates5on this professional's record
Taken to dissolution05 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
PETRON ENGINEERING CONSTRUCTION LIMITED
L45202MH1976PLC019135
RP · Aug 2018
🔒 🔒 🔒 1y 10mo
to Jan 2020
Nami Steel Private Limited
U27100GJ2012PTC071270
IRP · Aug 2022
RP · Oct 2022
🔒 🔒 🔒 1y 8mo
to Apr 2024
Pinky Shipyard Private Limited
U35111GA1991PTC001139
RP · Dec 2018
Liquidator · Dec 2019
🔒 🔒 🔒 16 mo
to Dec 2019
VARAM BIOENERGY PRIVATE LIMITED
U40108TG2002PTC038381
IRP · Jul 2019
RP · Aug 2019
🔒 🔒 🔒 1y 11mo
to Jul 2021
Valecha LM Toll Private Limited
U74900MH2010PTC202289
IRP · Apr 2019
RP · May 2019
Liquidator · Oct 2020
🔒 🔒 🔒 1y 6mo
to Oct 2020
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

7
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
7past 330d
Longest-running live mandate: TWENTY FIRST CENTURY WIRE RODS LIMITED at 3,179 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
TWENTY FIRST CENTURY WIRE RODS LIMITED
U27100DL1996PLC082467
Other Manufacturing
RP · Nov 2018
3,179d past 330d limit Under CIRP
GOLDEN GLOW ESTATES PRIVATE LIMITED
U70101DL2005PTC142098
Real Estate & Housing
IRP · Nov 2018
RP · Dec 2018
2,856d past 330d limit Under CIRP
DIGAMBER BUILDCON PRIVATE LIMITED
U70109DL2006PTC154732
Real Estate & Housing
IRP · Nov 2018
RP · Dec 2018
2,856d past 330d limit Under CIRP
RATIONAL BUILDCON PRIVATE LIMITED
U45200DL2007PTC158738
Construction & Infrastructure
IRP · Dec 2018
RP · Jan 2019
2,848d past 330d limit Under CIRP
Kopargaon Ahmednagar Tollways (Phase-I) Private Limited
U45203HR2012PTC047422
Construction & Infrastructure
RP · Nov 2019
2,542d past 330d limit Under CIRP
MARVEL SIGMA HOMES PRIVATE LIMITED
U45200PN2010PTC136619
Construction & Infrastructure
IRP · Jan 2023
1,337d past 330d limit Under CIRP
Sudhir Constructions Infraspace Private Limited
U45309MH2017PTC295927
Construction & Infrastructure
RP · Oct 2024
1,299d 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

10
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Baypark Hotel and Resorts Private Limited
U55100AP1998PTC029729
Trading & Distribution
IRP · Jun 2019
7y 2mo
MANOGAYAN ESTATES PRIVATE LIMITED
U70101DL2005PTC143002
Real Estate & Housing
IRP · Feb 2020
RP · Apr 2020
6y 7mo
SACHET INFRASTRUCTURE PRIVATE LIMITED
U70101DL2005PTC143004
Real Estate & Housing
IRP · Nov 2019
RP · Dec 2019
6y 10mo
SAMEEKSHA ESTATE PRIVATE LIMITED
U70101DL2005PTC143005
Real Estate & Housing
IRP · Nov 2019
RP · Dec 2019
6y 10mo
BHISHAM INFRASTRUCTURE PRIVATE LIMITED
U70101DL2005PTC143388
Real Estate & Housing
IRP · Feb 2020
RP · Apr 2020
6y 7mo
Mehak Realtech Private Limited
U70101DL2006PTC145093
Real Estate & Housing
IRP · Nov 2019
RP · Dec 2019
6y 10mo
MAGAD REALTORS PRIVATE LIMITED
U70101DL2006PTC145172
Real Estate & Housing
IRP · Jan 2006
RP · Dec 2019
6y 10mo
Roxina Real Estate Private Limited
U70102MH2008PTC188239
Real Estate & Housing
IRP · Feb 2023
3y 7mo
JAMVANT ESTATES PRIVATE LIMITED
U74899DL2005PTC143006
Other Services
IRP · Nov 2019
RP · Dec 2019
6y 10mo
Superlative Infrastructure Private Limited
U74899DL2005PTC143389
Other Services
IRP · Feb 2020
RP · Apr 2020
6y 7mo
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 Mumbai bench — by mandate countTop 5% of 438
Recovery vs liquidation value151.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor5 of 6
Typical time to outcome20 months
national median 16 months · median of 11 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 Professional46
Liquidator2
Of these, 21 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 Delhi13 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Mumbai8 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Hyderabad3 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Udayraj runs a median 20 months to outcome across 11 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 97 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
Real Estate & Housing9
Construction & Infrastructure7
Other Services3
Other Manufacturing2
Power & Energy2
Textiles & Apparel1
Machinery & Equipment1
Trading & Distribution1

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