VP
Vijay Pitambar Lulla
Insolvency Professional · Resolution Professional FREE PROFILE
IPA ICAI IIIPI
AFA Valid
Bench Mumbai · West
State Maharashtra
IBBI Reg IBBI/IPA-001/IP-P00323/2017-18/10593
Declared sectors
Hotels
Wholesale and Retail Trade
Construction
Real Estate
Manufacturing
Transport
Others ((Financial services))
Cases Handled
26
11 with financial detail
Resolved
6
55% resolution rate
Liquidations
5
liquidation orders
Recovery vs Liq. Value
174.9%
natl avg 166.9%
IRP Appointments
10
interim — at CIRP commencement
Cases Handled (26) · 11 with financial detail
| Corporate Debtor | Role / Appointed | Admitted Claims | Haircut | Status |
|---|---|---|---|---|
|
Worldstar Fabrics LLP AAE7573
|
Liquidator · Mar 2021
|
— | — | CIRP |
|
SYSKA E-RETAILS LLP AAE8498
|
RP
IRP · Jun 2025
Liquidator · Jan 2026
|
— | — | CIRP |
|
Datsun Fashion Ltd.
U17120MH2004PLC148992
|
Liquidator · Jul 2019
|
₹73 Cr | — | Liquidation |
|
Penguin Umbrella Works Pvt. Ltd.
U18102MH1997PTC107412
|
IRP · Jun 2019
|
₹10 Cr | — | Liquidation |
|
Sun Acrylics Pvt. Ltd. U25209MH1990PTC056535
|
IRP · Nov 2019
|
— | — | CIRP |
|
Krystal Stone Exports Ltd.
U26960MH1995PLC088708
|
IRP · Oct 2019
|
₹32 Cr | 45.7% | Resolved |
|
Fabtech Projects & Engineers Ltd.
U29299PN2002PLC017050
|
IRP · Oct 2019
|
₹1,175 Cr | 83.5% | Resolved |
|
XL Energy Limited
U31300TG1985PLC005844
|
RP
IRP · Apr 2023
|
₹5,403 Cr | 100.0% | Resolved |
|
Etco Industries Pvt. Ltd.
U45102MH1995PTC085653
|
IRP · Oct 2019
|
₹86 Cr | 69.2% | Resolved |
|
MARVEL LANDMARKS PRIVATE LIMITED U45200PN2007PTC130565
|
IRP · Jun 2025
|
— | — | CIRP |
|
ISHWAR CONSTRUCTIONS Private Limited U45201PN1981PTC025205
|
IRP · Oct 2024
|
— | — | CIRP |
|
Bhuvana Infra Projects Private Limited U45202KA2011PTC056969
|
Liquidator · Dec 2019
|
— | — | CIRP |
|
M/s. JK Surface Coatings Private Limited U45202MH1998PTC117291
|
Liquidator · Jul 2024
|
— | — | CIRP |
|
Ahinsa Buildtech Pvt. Ltd.
U45202MH2008PTC177268
|
IRP · Nov 2019
|
₹439 Cr | 49.4% | Resolved |
|
Bhasin Properties and Developers Private Limited U45400MH2014PTC251610
|
IRP · Mar 2023
|
— | — | CIRP |
|
A P F ESTATES PRIVATE LIMITED U45400TG2008PTC060297
|
RP
IRP · Sep 2024
Liquidator · Aug 2025
|
— | — | CIRP |
|
Mansi International Private Limited
U51101MH2012PTC228298
|
Liquidator · Aug 2022
|
₹1 Cr | — | Liquidation |
|
Virgo Home Deziner Private Limited U52609MH2010PTC241562
|
Liquidator · Sep 2021
|
— | — | CIRP |
|
Parole Hotels Pvt. Ltd. U55101GA1999PTC002758
|
IRP · Dec 2018
|
— | — | CIRP |
|
Genesis Resorts Pvt. Ltd.
U55204MH2012PTC235493
|
IRP · Dec 2019
|
₹274 Cr | 69.4% | Resolved |
|
KARANJA TERMINAL & LOGISTICS PRIVATE LIMITED
U63090MH2010PTC203226
|
RP
IRP · Nov 2025
|
— | — | CIRP |
|
Perpetual Capital and Servicing Private Limited
U67190MH2007PTC177055
|
RP
IRP · Nov 2022
|
— | — | Liquidation |
|
Neptune Developers Limited
U70102MH2004PLC147510
|
IRP · Jul 2021
|
₹2,188 Cr | 77.2% | Resolved |
|
Gloabtel Convergence Limited U72900MH2000PLC128007
|
Liquidator · Mar 2022
|
— | — | CIRP |
|
Siddhi Vinayak Power Generation and Distributors Pvt. Ltd. U74140DL2011PTC219442
|
IRP · Aug 2018
|
— | — | CIRP |
|
Vidhya Pharmachem Pvt. Ltd.
U99999MH1999PTC121241
|
Liquidator · May 2019
|
₹145 Cr | — | Liquidation |
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Sector Exposure
Textiles & Apparel
2 cases
Construction & Infrastructure
2 cases
Real Estate & Housing
1 case
Machinery & Equipment
1 case
Electronics & Electricals
1 case
Financial Services
1 case
Logistics & Transport
1 case
Hospitality & Leisure
1 case
Trading & Distribution
1 case
Performance Summary
Resolution rate
55%
Recovery vs liq. value
174.9% (natl 166.9%)
Avg haircut (resolved)
89.3% (natl 69.4%)
Sectors covered
9
Data source
IBBI Quarterly
Is this your profile?
Claim it to add context, highlight your track record, and be discoverable by ARCs and PE funds on stressed.in.
Claim profile →