Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realisable (plan) | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Darode Jog Realities Private Limited
→ acquired by Mr. Sudhir Chandrakant Darode
|
IRP · Oct 2023
RP · Feb 2024
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Sep 2025
|
Liquidation — order passed
21 of 2 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates2on this professional's record
Closed11 still in process
Order to closure43 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Sanghvi Land Developers Private Limited |
IRP · Jan 2024
RP · Mar 2024
|
🔒 | 🔒 | 🔒 | 10 mo
to Nov 2024
|
|
Madhur Nourishment Products LLP
AAF6086
|
RP · Feb 2021
|
🔒 | 🔒 | 🔒 | 3y
to Mar 2023
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — 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 dissolution5y 2mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 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 |
|---|---|---|---|---|---|
| Terraform Global India Private Limited |
Voluntary Liquidator · Feb 2026 |
🔒 | 🔒 | 🔒 | in process |
OWC APAC Private Limited
5 dated steps in the orderNEW DELHI, COURT-III
|
Voluntary Liquidator · Mar 2019 |
🔒 | 🔒 | 🔒 | 5y 2mo to Jun 2024 |
Realised, paid and surplus figures are member data. 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 Jan 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.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim2
Resolution Professional3
Voluntary Liquidator2
Of these, 2 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
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Akansha runs a median 23 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of Akansha's cases each one holds —
so Akansha is taking 146 days longer than those benches.
Sector exposure
Food & Agro1
Construction & Infrastructure1
Real Estate & Housing1
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