Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Cambridge Energy Resources Private Limited.
U40106HR2009PTC039660
→ acquired by ConnectM Technology Solutions Pvt. Ltd
|
IRP · Mar 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 4y
to Apr 2025
|
Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
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
3Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: Jaipuria Buildcon Private Limited. at 1,573 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Jaipuria Buildcon Private Limited.
U45201DL2005PTC141047
Construction & Infrastructure |
IRP · Jun 2022
RP · Jul 2022
|
1,573d past 330d limit | Inviting EoI |
|
AJS AGRO TRADE PRIVATE LIMITED
U51211CT2020PTC011119
Trading & Distribution |
IRP · Feb 2026
|
222d in extension | Inviting EoI |
|
SUPER PROPERTY MAINTENANCE PRIVATE LIMITED
U45201DL1997PTC087131
Construction & Infrastructure |
IRP · Jun 2026
|
102d within 180d | Newly admitted |
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Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
REDTOPAZ REAL ESTATE PRIVATE LIMITED
U45201DL2006PTC147961
Construction & Infrastructure |
IRP · Aug 2019
RP · Oct 2019
|
7y |
|
Ninex Developers Limited
U70101DL2006PLC148931
Real Estate & Housing |
IRP · Jul 2019
RP · Sep 2019
|
7y 1mo |
Voluntary liquidations
7Solvent 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.
Median time to dissolution3y 3mo
across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 7
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| SUMITOMO FORESTRY INDIA PRIVATE LIMITED U02000HR2015FTC057332
7 dated steps in the orderChandigarh Bench (Court-II)
|
Voluntary Liquidator · Dec 2021 |
Rs 6 Cr | Rs 0 Cr | Rs 5 Cr | 3y 8mo to Sep 2025 |
| PEABODY COAL TRADE INDIA PRIVATE LTD. U51900DL2012FTC234697
|
Voluntary Liquidator · Aug 2020 |
— | — | — | in process |
| Providence Equity Advisors India Private Ltd. U67110DL2007PTC183974
|
Voluntary Liquidator · Apr 2020 |
Rs 2 Cr | — | Rs 1 Cr | 2y 5mo to Sep 2022 |
| SPACE-TIME INSIGHT INDIA PRIVATE LTD. U72200TG2014FTC094701
4 dated steps in the orderHyderabad Bench
|
Voluntary Liquidator · Jul 2019 |
Rs 0 Cr | — | Rs 0 Cr | 2y 9mo to Apr 2022 |
| BL INFORMATION SOFTWARE INDIA PRIVATE LTD. U72900PB2016FTC045480
|
Voluntary Liquidator · Mar 2019 |
— | — | — | in process |
| Teleopti India Private Limited. U74140HR2007PTC036571
6 dated steps in the orderCHANDIGARH BENCH, CHANDIGARH
|
Voluntary Liquidator · Jul 2019 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 4y 1mo to Sep 2023 |
| IFP BAKELITE INDIA PRIVATE LIMITED U74993HR2018FTC072669
|
Voluntary Liquidator · Oct 2020 |
— | — | — | 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 count5 mandates on record
Recovery vs liquidation value79.5%
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 outcome35 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 Professional11
Liquidator1
Voluntary Liquidator7
Of these, 6 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 Delhi4 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Cuttack1 mandate
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
Vekas runs a median 35 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is taking 519 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 & Infrastructure3
Other Manufacturing1
Power & Energy1
Trading & Distribution1
Real Estate & Housing1
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