Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
Furnace Fabrica (India) Limited
→ acquired by Mr. Suresh Wavia
|
IRP · Nov 2023
RP · Dec 2023
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Oct 2025
|
|
Helios Photo Voltaic Limited
→ acquired by OCL Iron and Steel Limited
|
IRP · Jan 2024
RP · Feb 2024
|
🔒 | 🔒 | 🔒 | 12 mo
to Jan 2025
|
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim18
Resolution Professional8
Liquidator3
Of these, 18 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 Delhi11 mandates
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 34% resolved (531 concluded cases)
Kochi1 mandate
Bench median 13 months to outcome · 29% resolved (70 concluded cases)
Alok runs a median 20 months to outcome across 10 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of Alok's cases each one holds —
so Alok is taking 88 days longer than those benches.
Sector exposure
Construction & Infrastructure6
Trading & Distribution2
Real Estate & Housing2
Other Services2
Logistics & Transport1
Mining1
Food & Agro1
Other Manufacturing1
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