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Home / RP Tracker / Ajay Kumar Jain

Ajay Kumar Jain UNCLAIMED PROFILE

Insolvency Professional · New Delhi, Delhi · Active since 2018
Bench New Delhi · North·IBBI/IPA-002/IP-N00415/2017-2018/11188·IPA ICSI IIP·CPE 120 credits
Sectors: Electricity · Hotels · Wholesale and Retail Trade · Construction · Real Estate · Manufacturing · Transport · Others (Automobile, Laundary, Jute Industries, Electricity, Wholesale and Retail Trade, Construction, Real Estate, Manufacturing,)
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Career composition · 8 companies, incl. 1 withdrawn and 1 voluntary
3
3
1
1
Resolved 3 Liquidation 3 Withdrawn / settled 1 Voluntary liquidation 1
Companies by year of first appointment
1
3
1
2
1
'18'19'20'21'22'23'24'25'26
Mandates
6companies
6 with financials
Resolved
3cases
50% of 6 CIRPs led
Recovery vs LV
225.0%
3 of 3 beat LV
CIRP time
13months
national median 16 mo
Liquidation
3companies
1 closed · 2 in process
Voluntary liq.
1company
none dissolved yet
Resolved: ₹424 Cr admitted claims · ₹252 Cr realisable under the approved plans (59.5%) · 3 companies with both figures
Liquidation: ₹2 Cr admitted claims · ₹0 Cr distributed to creditors (3.5%) · 1 company with both figures
Last appointed Nov 2023.

2 more companies on this profile open with a plan. See plans →

Resolved — plan approved

3
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
Circar Jute Mills Private Limited
→ acquired by Bindawala Banijya Limited
IRP · Apr 2022
🔒 🔒 🔒 2y 9mo
to Jan 2025
JNC Construction Private Limited
→ acquired by Gautam Builders in Consortium with Rapid Contracts Pvt. Ltd.
IRP · May 2019
🔒 🔒 🔒 14 mo
to Aug 2020
Ambey Constructech Private Limited
→ acquired by Shri Puneet Garg and Shri Harvinder Pal Singla, Directors of Suspended Board of Directors
IRP · Feb 2018
🔒 🔒 🔒 12 mo
to Feb 2019

Liquidation — order passed

3
1 of 3 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates3on this professional's record
Closed12 still in process
Distributed vs liquidation value160.0%across 1 case with both figures · whole record 81.1%
Order to closure24 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Jivanjyot Motors Private Limited
IRP · Oct 2022
RP · Nov 2022
🔒 🔒 🔒 11 mo
to Sep 2023
Maruti Kesri Nandan Agrofoods Private Limited
IRP · Feb 2020
RP · Mar 2020
🔒 🔒 🔒 2y 3mo
to May 2022
Novex Private Limited
RP · Feb 2019
🔒 🔒 🔒 9 mo
to Sep 2019
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim6
Resolution Professional3
Voluntary Liquidator1
Of these, 6 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — mandates vs the forum's tempo
New Delhi3 mandates
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Chandigarh2 mandates
Bench median 20 months to outcome · 37% resolved (212 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 29% resolved (66 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Ajay runs a median 13 months to outcome across 6 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of Ajay's cases each one holds — so Ajay is closing 131 days faster than those benches.
Sector exposure
Construction & Infrastructure2
Other Services2
Food & Agro1
Textiles & Apparel1
Trading & Distribution1
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