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Home / RP Tracker / Vekas Kumar Garg

Vekas Kumar Garg UNCLAIMED PROFILE

Insolvency Professional · Delhi · Active since 2019
IPA ICSI IIP AFA Valid till Dec 2026 Bench New Delhi · North Reg IBBI/IPA-002/IP-N00738/2018-2019/12291 CPE 116 credits
ElectricityReal EstateOthers (Energy resources trading and related services, Construction and real estate development, Manufacturing and trading of chemicals, Forestry, timber products and construction materials, Phenolic resins and industrial chemicals manufacturing, Workforce management and analytics software, Coal trading and energy resources supply, Software development and IT services, Geospatial analytics and data intelligence solutions)
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Career composition · 7 CIRP mandates
1
1
3
2
Resolved 1 Liquidation 1 Under CIRP 3 Withdrawn §12A 2
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Under CIRP 3 Withdrawn 2 Voluntary 7 Standing Claim this profile →
Mandates
5cases
top 31% by mandate count
Claims Managed
₹54Cr
across 2 cases with figures
Realised for Creditors
₹10Cr
18.0% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
79.5%
national avg 166.9%
Avg CIRP Time
2y 11mo
13 mo slower than national avg
Largest Mandate
₹37 Cr
Cambridge Energy Resour…

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
Cambridge Energy Resources Private Limited.
U40106HR2009PTC039660
IRP · Mar 2021
RP · May 2021
🔒 🔒 🔒 4y
to Apr 2025

Liquidation — order passed

1
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
SOMANIL CHEMICALS LIMITED
U24119UP1999PLC024690
RP · Nov 2020
Liquidator · Dec 2021
🔒 🔒 🔒 1y 9mo
to Dec 2021
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
Corporate DebtorRole / AppointedCIRP AgeStage
SUPER PROPERTY MAINTENANCE PRIVATE LIMITED
U45201DL1997PTC087131
Construction & Infrastructure
IRP · Jun 2026
57d Newly admitted
Jaipuria Buildcon Private Limited.
U45201DL2005PTC141047
Construction & Infrastructure
IRP · Jun 2022
RP · Jul 2022
4y 2mo Inviting EoI
AJS AGRO TRADE PRIVATE LIMITED
U51211CT2020PTC011119
Trading & Distribution
IRP · Feb 2026
6 mo Newly admitted
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.

Withdrawn — Section 12A

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
REDTOPAZ REAL ESTATE PRIVATE LIMITED
U45201DL2006PTC147961
Construction & Infrastructure
IRP · Aug 2019
RP · Oct 2019
6y 11mo
Ninex Developers Limited
U70101DL2006PLC148931
Real Estate & Housing
IRP · Jul 2019
RP · Sep 2019
7y

Voluntary liquidations

7
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
SUMITOMO FORESTRY INDIA PRIVATE LIMITED
U02000HR2015FTC057332
Voluntary Liquidator · Dec 2021
₹6 Cr ₹0 Cr ₹5 Cr Sep 2025
PEABODY COAL TRADE INDIA PRIVATE LTD.
U51900DL2012FTC234697
Voluntary Liquidator · Aug 2020
Providence Equity Advisors India Private Ltd.
U67110DL2007PTC183974
Voluntary Liquidator · Apr 2020
₹2 Cr ₹1 Cr Sep 2022
SPACE-TIME INSIGHT INDIA PRIVATE LTD.
U72200TG2014FTC094701
Voluntary Liquidator · Jul 2019
₹0 Cr ₹0 Cr Apr 2022
BL INFORMATION SOFTWARE INDIA PRIVATE LTD.
U72900PB2016FTC045480
Voluntary Liquidator · Mar 2019
Teleopti India Private Limited.
U74140HR2007PTC036571
Voluntary Liquidator · Jul 2019
₹1 Cr ₹0 Cr ₹1 Cr Sep 2023
IFP BAKELITE INDIA PRIVATE LIMITED
U74993HR2018FTC072669
Voluntary Liquidator · Oct 2020
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 31% of 2,443
At New Delhi bench — by mandate count#159 of 427
Recovery vs LV — vs national avg-87.4 pts
Speed — avg CIRP vs national avg13 mo slower
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 Professional11
Liquidator1
Voluntary Liquidator7
Bench spread
Allahabad1
Chandigarh1
New Delhi1
Cuttack1
New Delhi (Principal Bench)1
Sector exposure
Construction & Infrastructure3
Other Manufacturing1
Power & Energy1
Trading & Distribution1
Real Estate & Housing1
Performance summary
Resolution rate50%
Recovery vs LV (claim-wtd)79.5%
Realised vs claims (book)18.0%
IRP appointments6
Data sourceIBBI · NCLT · MCA
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