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 closure19 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Schema Enterprises Private Limited |
IRP · Aug 2021
RP · Nov 2021
|
🔒 | 🔒 | 🔒 | 3y 4mo
to Dec 2024
|
| MTC Ecom Private Limited |
Liquidator · Jul 2022
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Jul 2022
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
8Solvent 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 dissolution2y 8mo
across 5 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 8
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 |
|---|---|---|---|---|---|
Global Agritech (India) Private Limited
6 dated steps in the orderMUMBAI - BENCH-II
|
Voluntary Liquidator · Oct 2021 |
🔒 | 🔒 | 🔒 | 3y 2mo to Jan 2025 |
| Nikiceramics Industries Limited |
Voluntary Liquidator · Mar 2021 |
🔒 | 🔒 | 🔒 | 1y 9mo to Dec 2022 |
| EMCO Global Private Limited |
Voluntary Liquidator · Nov 2022 |
🔒 | 🔒 | 🔒 | in process |
F & B Asia Ventures (India) Private Limited
6 dated steps in the orderMumbai Bench, Court-V
|
Voluntary Liquidator · Sep 2021 |
🔒 | 🔒 | 🔒 | 1y 7mo to May 2023 |
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 — interim1
Resolution Professional1
Liquidator1
Voluntary Liquidator8
Of these, 1 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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Balaji runs a median 40 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of Balaji's cases each one holds —
so Balaji is taking 671 days longer than those benches.
Sector exposure
Trading & Distribution1
Other Services1
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