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Home / RP Tracker / Vishal Ghisulal Jain

Vishal Ghisulal Jain UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00419/2017-2018/10742 CPE 144 credits
Other ServicesConstruction & InfrastructureTrading & DistributionPower & EnergyFinancial ServicesFood & Agro
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Career composition · 16 CIRP mandates
3
9
3
1
Resolved 3 Liquidation 9 Under CIRP 3 Withdrawn / settled 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 3 Liquidation 9 Under CIRP 3 Withdrawn 1 Standing
Mandates
15cases
Top 10% by mandate count · last appointed Aug 2024
Claims Managed
Rs 8,208Cr
across 9 cases with figures
Realised for Creditors
Rs 454Cr
5.5% of admitted claims
Resolved
3cases
25% resolution rate
Recovery vs LV
113.0%
2 of 2 beat the floor
Typical CIRP Time
28 months
nationally 16 months
Largest Mandate
Rs 4,482 Cr
STERLING SEZ AND INFRAS…

Resolved — plan approved

3
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
GOVIND RUBBER LIMITED
L25110MH1985PLC036320
→ acquired by Mr Brij Bhushan Gupta, Mrs Seema Gandhi, M/s. Kapivar Finlease Private Limited, Mr Mukesh Desai and Mr Iqbal Nabi (Resolution Applicant), and Mr Brij Bhushan Gupta being the lead member
RP · Apr 2019
🔒 🔒 🔒 12 mo
to Jan 2020
Rajahmundry Godavari Bridge Limited
U45203MH2008PLC185941
→ acquired by M/s. Prakash Asphaltings & Toll Highways (India) Limited
IRP · Feb 2020
🔒 🔒 🔒 2y 5mo
to Aug 2022
IMPERIAL CONSULTANTS AND SECURITIES LIMITED
U65993TN1993PTC024724
→ acquired by CITOC Ventures Private Limited
IRP · Apr 2023
RP · May 2023
🔒 🔒 🔒 2y 5mo
to Sep 2025

Liquidation — order passed

9
1 of 9 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates9on this professional's record
Taken to dissolution18 still in process
Order to dissolution210 daysaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Sterling International Enterprises Limited
L72300MH2003PLC142575
IRP · Jul 2018
RP · Aug 2018
Liquidator · Oct 2021
🔒 🔒 🔒 3y 3mo
to Oct 2021
Pratibha Krushi Prakriya Limited
U15490PN2010PLC137868
RP · Oct 2019
🔒 🔒 🔒 3y 4mo
to Feb 2023
DANESITA PHADNIS FOOD INDUSTRIES LIMITED
U15500PN2011PLC138494
Liquidator · Feb 2024
🔒 🔒 🔒 8 mo
to Feb 2024
BHADRAGIRI POWER PRIVATE LIMITED
U40101KA2002PTC031346
IRP · Dec 2022
RP · Feb 2023
Liquidator · Aug 2024
🔒 🔒 🔒 1y 8mo
to Aug 2024
STERLING SEZ AND INFRASTRUCTURE LIMITED
U45201MH2006PLC162784
IRP · Jul 2018
Liquidator · Oct 2021
🔒 🔒 🔒 3y 3mo
to Oct 2021
S K wheels Private Limited
U50500MH2004PTC146157
IRP · Mar 2019
RP · May 2019
🔒 🔒 🔒 3y 10mo
to Feb 2023
EUROLIFE HEALTHCARE PRIVATE LIMITED
U51900MH1987PTC043106
IRP · Jul 2022
IRP · Jul 2022
🔒 🔒 🔒 17 mo
to Dec 2023
Vichare Express & Logistics Private Limited
U64120MH1996PTC104537
IRP · Mar 2024
— — — 2y 3mo
to Jul 2026
NAYAK INFRASTRUCTURE PRIVATE LIMITED
U74210AS2007PTC008539
IRP · Aug 2021
RP · Sep 2021
🔒 🔒 🔒 2y 3mo
to Dec 2023
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: WADHWA BUILDCON LLP at 2,250 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
WADHWA BUILDCON LLP
AAC9756
Construction & Infrastructure
RP · Oct 2020
2,250d past 330d limit Inviting EoI
Aaradhana Realties Limited
U70100MH1976PLC034721
Real Estate & Housing
RP · May 2023
1,274d past 330d limit Inviting EoI
Green Soul Ergonomics Private Limited
U74995MH2018PTC305473
Other Services
IRP · May 2024
RP · Jun 2024
877d past 330d limit Inviting EoI
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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Shalivahana Green Energy Limited
U45200TG1992PLC014925
Construction & Infrastructure
IRP · Oct 2022
3y 11mo
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 countTop 10% of 2,567 ranked
At Mumbai bench — by mandate countTop 20% of 445
Recovery vs liquidation value113.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome28 months
national median 16 months · median of 12 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 Professional22
Liquidator4
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
Mumbai12 mandates
Bench median 18 months to outcome · 34% resolved (1,250 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 38% resolved (346 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (504 concluded cases)
Vishal runs a median 28 months to outcome across 12 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 taking 344 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 & Infrastructure4
Other Services3
Food & Agro2
Trading & Distribution2
Chemicals & Plastics1
Power & Energy1
IT, Telecom & Media1
Financial Services1
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