Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Universal Commodity Exchange Limited |
IRP · Jun 2018
|
🔒 | 🔒 | 🔒 | 8y
to Jun 2026
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Fieldspares Sales and Services Private Limited
Trading & Distribution |
IRP · Jul 2018
|
17 mo
to Jan 2019
|
Voluntary liquidations
3Solvent 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 dissolution14 mo
across 2 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| KWS Research and Development Private Limited |
Voluntary Liquidator · Nov 2017 |
🔒 | 🔒 | 🔒 | 15 mo to Mar 2019 |
| Peter and Friends Classic Adventures Private Limited |
Voluntary Liquidator · Mar 2019 |
🔒 | 🔒 | 🔒 | in process |
| NKC Telecom Private Limited |
Voluntary Liquidator · Jun 2017 |
🔒 | 🔒 | 🔒 | 13 mo to Jul 2018 |
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 — interim3
Voluntary Liquidator3
Of these, 3 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 (1,268 concluded cases)
Balkrishan runs a median 96 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of Balkrishan's cases each one holds —
so Balkrishan is taking 2374 days longer than those benches.
Sector exposure
Machinery & Equipment1
Trading & Distribution1
Other Services1
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