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Home / RP Tracker / Vinit Gangwal

Vinit Gangwal UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00091/2017-2018/10235 CPE 151 credits
Construction & InfrastructureFood & AgroOther ServicesHealthcareMiningTextiles & Apparel
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Career composition · 13 CIRP mandates
4
4
3
2
Resolved 4 Liquidation 4 Under CIRP 3 Withdrawn / settled 2
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 4 Under CIRP 3 Withdrawn 2 Voluntary 4 Standing
Mandates
11cases
Top 10% by mandate count · last appointed Feb 2026
Claims Managed
Rs 1,319Cr
across 6 cases with figures
Realised for Creditors
Rs 88Cr
6.7% of admitted claims
Resolved
4cases
50% resolution rate
Recovery vs LV
90.7%
1 of 4 beat the floor
Typical CIRP Time
27 months
nationally 16 months
Largest Mandate
Rs 1,079 Cr
DOLPHIN OFFSHORE ENTERP…

Resolved — plan approved

4
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
DOLPHIN OFFSHORE ENTERPRISES (INDIA) LIMITED
L11101MH1979PLC021302
→ acquired by Deep Industries Ltd
IRP · Jul 2020
RP · Aug 2020
🔒 🔒 🔒 2y 2mo
to Sep 2022
Blue Blends (India) Limited
L17120MH1981PLC023900
→ acquired by Mr. Amit Mahendrabhai Shah
IRP · Dec 2021
RP · Dec 2021
🔒 🔒 🔒 3y
to Dec 2024
Goa Invescast Limited
U27108GA1993PLC001316
→ acquired by Consortium led by Syonira Invecast Private Ltd
IRP · Jul 2019
🔒 🔒 🔒 2y 4mo
to Nov 2021
Print House (India) Private Limited
U72100TN1987PTC152335
→ acquired by Sify Technologies Limited
IRP · Oct 2018
RP · Nov 2018
🔒 🔒 🔒 1y 8mo
to Jun 2020

Liquidation — order passed

4
Liquidation mandates4on this professional's record
Taken to dissolution04 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
GOVINDPARVA AGRO PRODUCTS PRIVATE LIMITED
U01110PN2009PTC135159
IRP · Jul 2022
RP · Aug 2022
Liquidator · May 2023
🔒 🔒 🔒 10 mo
to May 2023
CHAITANYA NEER JAL PRIVATE LIMITED
U15543MH2007PTC172082
IRP · Jun 2023
RP · Jul 2023
🔒 🔒 🔒 12 mo
to Jun 2024
Vikram Kakade Constructions Private Limited
U45200PN2007PTC130462
RP · Jan 2023
Liquidator · Feb 2026
🔒 🔒 🔒 3y 3mo
to Feb 2026
Kalyani Education Private Limited
U80100MH2003PTC141292
IRP · Feb 2021
RP · Mar 2021
5y 6mo
to Aug 2026
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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
3past 330d
Longest-running live mandate: Komal Kakade Constructions Private Limited at 1,506 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Komal Kakade Constructions Private Limited
U45402PN2007PTC130515
Construction & Infrastructure
IRP · Aug 2022
RP · Sep 2022
1,506d past 330d limit Under CIRP
VATAVRUKSHA ENTERTAINMENT PRIVATE LIMITED
U74999PN2014PTC150962
Other Services
RP · Aug 2023
1,344d past 330d limit Under CIRP
Souvenir Developers (India) Private Limited
U45200MH2004PTC147269
Construction & Infrastructure
RP · Nov 2023
1,150d 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.

Withdrawn / settled

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
SAMARTH SHRINIWAS INFRA PRIVATE LIMITED
U45204PN2015PTC153866
Construction & Infrastructure
IRP · Feb 2023
RP · Mar 2023
3y 7mo
Yeshodeep Infrastructure Private Limited
U45400MH2008PTC187337
Construction & Infrastructure
IRP · Apr 2021
5y 5mo

Voluntary liquidations

4
Solvent 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 dissolution12 mo across 1 completed · every VL on record runs 1y 8mo
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
WAHLER AUTOMOTIVE INDIA PRIVATE LIMITED
U34300PN2008PTC133082
Voluntary Liquidator · Jan 2018
Rs 0 Cr Rs 0 Cr 12 mo
to Feb 2019
BUENO GIG FINANCE PRIVATE LIMITED
U65990HR2021PTC100152
Voluntary Liquidator · Sep 2025
in process
Poincare Technologies Private Limited
U72900KA2021PTC151456
Voluntary Liquidator · Sep 2023
in process
Wellworks Technologies Private Limited
U85100KA2021PTC147828
Voluntary Liquidator · Sep 2024
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,308 ranked
At Mumbai bench — by mandate countTop 20% of 438
Recovery vs liquidation value90.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 4
Typical time to outcome27 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 Professional21
Liquidator2
Voluntary Liquidator4
Of these, 10 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
Mumbai13 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Vinit runs a median 27 months to outcome across 8 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 279 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 & Infrastructure5
Food & Agro2
Other Services2
Mining1
Textiles & Apparel1
Steel & Metals1
Healthcare1

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