Liquidation — order passed
3Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Petron Engineering Construction Limited
L45202MH1976PLC019135
|
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Jan 2020
|
|
MAS PROJECT ENGINEERS PRIVATE LIMITED
U32202DL1997PTC085074
|
Liquidator · Feb 2026
|
🔒 | 🔒 | 🔒 | 6 mo
to Oct 2019
|
|
KSS PETRON PRIVATE LIMITED
U45400MH2007PTC234297
|
IRP · Aug 2017
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 4mo
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.
Voluntary liquidations
2Solvent 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 dissolution1y 9mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 2
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 |
|---|---|---|---|---|---|
| CLIX LOANS PRIVATE LIMITED U65929DL2017PTC318354
6 dated steps in the orderCOURT VI, NEW DELHI
|
Voluntary Liquidator · Aug 2021 |
Rs 3 Cr | — | Rs 2 Cr | 16 mo to Nov 2022 |
| Clix Analytics Private Limited U74999DL2017FTC313537
7 dated steps in the orderNEW DELHI BENCH COURT – V
|
Voluntary Liquidator · Aug 2021 |
Rs 7 Cr | Rs 0 Cr | Rs 7 Cr | 2y 4mo to Jan 2024 |
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 count3 mandates on record
Typical time to outcome22 months
national median 16 months · median of 3 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 Professional1
Liquidator3
Voluntary Liquidator2
Of these, 1 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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Vineet runs a median 22 months to outcome across 3 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 128 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 & Infrastructure2
Machinery & Equipment1
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