Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
MONARCH MULTILAYERS PRIVATE LIMITED
U27130MH1990PTC058010
→ acquired by Nikhil Sugar Private Limited
|
IRP · Aug 2021
RP · Sep 2021
|
🔒 | 🔒 | 🔒 | 12 mo
to Aug 2022
|
|
PERFECT ENGINEERING PRODUCTS LIMITED
U28920MH1964PLC012880
→ acquired by Sarvath Developers LLP
|
IRP · Oct 2022
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Dec 2024
|
|
NRC Limited
U52100MH1946PLC005227
|
IRP · Nov 2018
RP · Jan 2019
|
🔒 | 🔒 | 🔒 | 16 mo
to Mar 2020
|
Liquidation — order passed
154 of 15 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates15on this professional's record
Taken to dissolution411 still in process
Distributed vs liquidation value91.4%across 3 cases with both figures · whole record 79.7%
Order to dissolution43 moaverage over 4 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Nakoda Limited
L17111GJ1984PLC045995
|
IRP · Jul 2021
RP · Aug 2021
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Feb 2023
|
|
ESKAY K 'N' IT (INDIA) Limited
L18109DN1987PLC000034
|
IRP · Feb 2020
|
🔒 | 🔒 | 🔒 | 5y 9mo
to Nov 2025
|
|
Supreme (India) Impex Limited
L51100GJ1995PLC026968
|
IRP · Feb 2020
RP · May 2020
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 14 mo
to Apr 2021
|
|
UTILITY AGROTECH INDUSTRIES PRIVATE LIMITED
U01119GJ1994PTC023942
|
IRP · Mar 2021
RP · Apr 2021
Liquidator · Oct 2021
|
🔒 | 🔒 | 🔒 | 7 mo
to Oct 2021
|
|
SUPREME FINEFAB PVT LTD
U17119GJ1993PTC019577
|
IRP · Mar 2021
RP · Apr 2021
Liquidator · Oct 2021
|
🔒 | 🔒 | 🔒 | 7 mo
to Oct 2021
|
|
Abhay Nutrition Private Limited
U17121MH2008PTC182247
|
IRP · Apr 2019
RP · Apr 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 10 mo
to Feb 2020
|
|
KAMACHI INDUSTRIES LIMITED
U27106TN2003PLC051727
|
IRP · Feb 2020
RP · Jun 2020
|
🔒 | 🔒 | 🔒 | 2y 9mo
to Dec 2022
|
|
Man Tubinox Limited
U28112MH2006PLC285982
|
RP · Jun 2019
IRP · Jun 2019
Liquidator · Oct 2021
|
🔒 | 🔒 | 🔒 | 2y 4mo
to Oct 2021
|
|
Sanghavi Exports International Private Limited
U36911MH2007PTC170013
|
IRP · Feb 2019
RP · Mar 2019
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Dec 2020
|
|
Gupta Energy Private Limited
U40102MH2007PTC175497
|
Liquidator · Mar 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Mar 2018
|
|
VARAM BIOENERGY PRIVATE LIMITED
U40108TG2002PTC038381
|
Liquidator · Mar 2021
RP · Mar 2021
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Jul 2021
|
|
ZAVERI CONSTRUCTIONS PRIVATE LIMITED
U45200MH2008PTC183061
|
Liquidator · Aug 2022
|
🔒 | 🔒 | 🔒 | 2y 10mo
to Aug 2022
|
|
TIRUPATI COMMODITIES IMPEX PRIVATE LIMITED
U51420MH2005PTC156397
|
IRP · Nov 2018
RP · Nov 2018
Liquidator · Oct 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Oct 2019
|
|
Shalibhadra Cottrade Private Limited
U52521MH1992PTC069134
|
IRP · Oct 2019
RP · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Jun 2022
|
|
OGD SERVICES LIMITED
U93090MH2006PLC163779
|
IRP · Feb 2023
RP · Apr 2023
|
🔒 | 🔒 | 🔒 | 15 mo
to Apr 2024
|
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
1Where 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: GOA ANTIBIOTICS AND PHARMACEUTICALS LIMITED at 3,328 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
GOA ANTIBIOTICS AND PHARMACEUTICALS LIMITED
U24231GA1980SGC000412
Other Manufacturing |
IRP · Oct 2017
|
3,328d past 330d limit | 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.
Voluntary liquidations
1Solvent 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 dissolution2y 2mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| BANDER COAL COMPANY PRIVATE LIMITED U10200MH2009PTC193985
|
Voluntary Liquidator · Mar 2018 |
Rs 0 Cr | — | Rs 0 Cr | 2y 2mo to May 2020 |
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,308 ranked
At Mumbai bench — by mandate countTop 5% of 438
Recovery vs liquidation value101.2%
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 outcome17 months
national median 16 months · median of 18 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 Professional30
Liquidator9
Voluntary Liquidator1
Of these, 16 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
Mumbai12 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad5 mandates
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Vikas runs a median 17 months to outcome across 18 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 moving at the pace of his own forums, within a month either way.
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
Textiles & Apparel5
Other Manufacturing4
Trading & Distribution3
Steel & Metals2
Power & Energy2
Food & Agro1
Construction & Infrastructure1
Other Services1
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