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Home / RP Tracker / Vandana Garg

Vandana Garg UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00025/2016-2017/10058 CPE 116 credits
Construction & InfrastructureCementGlass & CeramicsOther ServicesMachinery & EquipmentTrading & Distribution
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Career composition · 9 CIRP mandates
4
1
3
1
Resolved 4 Liquidation 1 Under CIRP 3 Withdrawn / settled 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 1 Under CIRP 3 Withdrawn 1 Standing
Mandates
8cases
4 with financials · last appointed Feb 2026
Claims Managed
Rs 10,588Cr
across 4 cases with figures
Realised for Creditors
Rs 4,058Cr
38.3% of admitted claims
Resolved
4cases
80% resolution rate
Recovery vs LV
284.2%
2 of 3 beat the floor
Typical CIRP Time
29 months
nationally 16 months
Largest Mandate
Rs 8,015 Cr
Jyoti Structures Limited

Resolved — plan approved

4
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
Jyoti Structures Limited
L45200MH1974PLC017494
IRP · Jul 2017
RP · Jul 2017
🔒 🔒 🔒 1y 8mo
to Mar 2019
Rolta India Limited
L74999MH1989PLC052384
→ acquired by Ashdan Properties Private Limited
IRP · May 2021
IRP · May 2021
🔒 🔒 🔒 2y 10mo
to Dec 2025
VILSONS ROOFING PRODUCT PRIVATE LIMITED
U26953PN2004PTC019669
→ acquired by CONSORTIUM OF Mr. PRADEEP AGRAWAL, Mr. MAN MOHAN AGRAWAL and Mr. SAKET AGRAWAL
IRP · Oct 2023
RP · Nov 2023
Rs 90 Cr Rs 19 Cr 113.7% 2y 6mo
to Apr 2026
GVR INFRA PROJECTS LIMITED
U45200TN2001PLC088377
→ acquired by Consortium of UV Asset Reconstruction Company Limited (Lead Member) and WL Structures Private Limited (Other Consortium Member)
RP · Dec 2018
🔒 🔒 🔒 1y 9mo
to Jul 2020

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
Distributed vs liquidation value177.8%across 1 case with both figures · whole record 79.7%
Order to dissolution23 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Pingle Builders Pvt. Ltd
U45200MH1993PTC071840
Liquidator · Dec 2020
🔒 🔒 🔒 2y 4mo
to Dec 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

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: ROLTA BI & BIG DATA ANALYTICS PRIVATE LIMITED at 1,080 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
ROLTA BI & BIG DATA ANALYTICS PRIVATE LIMITED
U29253MH2014PTC255827
Machinery & Equipment
IRP · May 2021
IRP · May 2021
1,080d past 330d limit Inviting EoI
Rolta Defence Technology Systems Private Limited
U74120MH2015PTC269505
Other Services
IRP · May 2021
IRP · May 2021
1,060d past 330d limit Inviting EoI
KISHOR KALYANJI CORP LLP
AAY5433
Trading & Distribution
IRP · Feb 2026
226d in extension 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.

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Raghuleela Builders Private Limited
U45200MH2007PTC210593
Construction & Infrastructure
IRP · Oct 2021
RP · Dec 2021
4y 11mo
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 count8 mandates on record
Recovery vs liquidation value284.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 3
Typical time to outcome29 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 Professional14
Liquidator1
Of these, 7 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
Mumbai8 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (506 concluded cases)
Vandana runs a median 29 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 346 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 & Infrastructure4
Other Services2
Trading & Distribution1
Cement, Glass & Ceramics1
Machinery & Equipment1
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