Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
LUDHIANA TALWANDI TOLL ROADS PRIVATE LIMITED
U45203MH2010PTC211120
|
IRP · Jun 2025
RP · Jul 2025
|
— | — | — | 13 mo
to Jul 2026
|
|
Shekhar Resorts Limited and Ors
U55101DL1997PLC090225
→ acquired by NCJ Infrastructure Private Limited
|
IRP · Sep 2018
RP · Oct 2018
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Jul 2020
|
Liquidation — order passed
61 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution15 still in process
Distributed vs liquidation value92.7%across 1 case with both figures · whole record 79.7%
Order to dissolution46 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
SREE RAMAKRISHNA ALLOYS LIMITED
U27101TG1986PLC006428
|
RP · Sep 2017
IRP · Sep 2017
|
🔒 | 🔒 | 🔒 | 15 mo
to Nov 2018
|
|
SRI GANGADHARA STEELS LIMITED
U27106TG1997PLC026861
|
IRP · Sep 2017
RP · Sep 2017
|
🔒 | 🔒 | 🔒 | 15 mo
to Dec 2018
|
|
SKYRISE OVERSEAS PRIVATE LIMITED
U51909WB1987PTC042374
|
IRP · Aug 2019
RP · Sep 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 6 mo
to Feb 2020
|
|
HI-POINT INVESTMENT AND FINANCE PRIVATE LIMITED
U67120DL1992PTC050355
|
IRP · May 2018
RP · Jun 2028
|
🔒 | 🔒 | 🔒 | 5y 4mo
to Oct 2023
|
|
ISOLUX CORSAN INDIA ENGINEERING & CONSTRUCTION PRIVATE LIMITED
U74140HR2008PTC038089
|
IRP · Oct 2018
RP · Dec 2018
|
🔒 | 🔒 | 🔒 | 16 mo
to Feb 2020
|
|
Era Housing and Developers (India) Limited
U74899DL1995PLC072507
|
IRP · Feb 2018
RP · Mar 2018
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Dec 2019
|
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
6Where 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: FORTIS CLINICAL RESEARCH LIMITED at 2,990 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
FORTIS CLINICAL RESEARCH LIMITED
U73100DL2005PLC134482
Other Services |
IRP · Jul 2016
|
2,990d past 330d limit | Under CIRP |
|
S L CONSUMER PRODUCTS LIMITED
U11200DL1996PLC083850
Mining |
IRP · Jul 2019
RP · Sep 2019
|
2,631d past 330d limit | Under CIRP |
|
DHIR GLOBAL INDUSTRIA PRIVATE LIMITED
U18101DL1998PTC094872
Textiles & Apparel |
RP · May 2024
|
1,947d past 330d limit | Under CIRP |
|
DR.JAIN VIDEO ON WHEELS LTD
U92199DL1991PLC042609
Hospitality & Leisure |
RP · Aug 2021
|
1,937d past 330d limit | Inviting EoI |
|
SARGA UDAIPUR HOTELS & RESORTS PRIVATE LIMITED
U55101WB2007PTC112974
Hospitality & Leisure |
RP · Mar 2024
|
1,607d past 330d limit | Inviting EoI |
|
INTERNATIONAL LAND DEVELOPERS PRIVATE LIMITED
U70109DL2006PTC151365
Real Estate & Housing |
IRP · Mar 2018
IRP · Mar 2018
|
936d 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
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 dissolution16 mo
across 6 completed · every VL on record runs 1y 8mo
Dissolution orders read1 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 |
|---|---|---|---|---|---|
| NEO MILK PRODUCTS PRIVATE LIMITED U15203DL2005PTC133864
|
Voluntary Liquidator · Apr 2021 |
Rs 0 Cr | — | — | 17 mo to Sep 2022 |
| SERGI TRANSFORMER EXPLOSION PREVENTION TEHCNOLOGIES PRIVATE LIMITED U31909DL2005PTC277234
7 dated steps in the orderNEW DELHI BENCH COURT – V
|
Voluntary Liquidator · Sep 2022 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 16 mo to Jan 2024 |
| CINTERION WIRELESS MODULES INDIA PRIVATE LIMITED U51505DL2008PTC181569
|
Voluntary Liquidator · Dec 2023 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 2y 2mo to Feb 2025 |
| STATESTREET MANAGED ACCOUNTS SERVICESINDIA PRIVATE LIMITED U67100KA2011PTC058288
|
Voluntary Liquidator · Feb 2023 |
Rs 2 Cr | Rs 0 Cr | Rs 1 Cr | 2y 4mo to Jun 2025 |
| GE INDIA BUSINESS SERVICES PRIVATE LIMITED U72900DL1999PTC102432
|
Voluntary Liquidator · Mar 2022 |
— | — | — | in process |
| JUMOWORLD INDIA PRIVATE LIMITED U74999DL2019FTC350092
|
Voluntary Liquidator · Feb 2021 |
Rs 1 Cr | — | Rs 0 Cr | 13 mo to Mar 2022 |
| GREEN CHANNEL FOUNDATION U85191DL2008NPL185097
|
Voluntary Liquidator · Nov 2017 |
Rs 0 Cr | — | Rs 0 Cr | 10 mo to Sep 2018 |
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 10% of 2,365 ranked
At New Delhi bench — by mandate countTop 10% of 420
Recovery vs liquidation value80.1%
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 outcome16 months
national median 16 months · median of 8 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 Professional24
Liquidator1
Voluntary Liquidator7
Of these, 11 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 Delhi8 mandates
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Hyderabad2 mandates
Bench median 14 months to outcome · 37% resolved (345 concluded cases)
Kolkata2 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Vikram runs a median 16 months to outcome across 8 concluded mandates.
The benches those mandates sit in run at 16 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
Hospitality & Leisure3
Other Services3
Mining1
Textiles & Apparel1
Other Manufacturing1
Steel & Metals1
Construction & Infrastructure1
Trading & Distribution1
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