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Home / RP Tracker / Bhuvan Madan

Bhuvan Madan UNCLAIMED PROFILE

Insolvency Professional · New Delhi, Delhi · Active since 2018
Bench Mumbai · West·IBBI/IPA-001/IP-P01004/2017-2018/11655·IPA ICAI IIIPI·CPE 119 credits
Sectors: Mining · Trading & Distribution · Power & Energy · Other Services · Construction & Infrastructure · Electronics & Electricals
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Viewed 8× in 90 days — a public page, built from the IBBI record
Career composition · 12 companies, incl. 1 withdrawn and 1 voluntary
7
2
1
1
1
Resolved 7 Under CIRP 2 Withdrawn / settled 1 Earlier round closed 1 Voluntary liquidation 1
Companies by year of first appointment
1
2
1
1
5
2
'18'19'20'21'22'23'24'25'26
Activity
Top 20%
15 IBBI appointments
Resolved
7cases
100% of 7 CIRPs led
Recovery vs LV
94.7%
4 of 7 beat LV
CIRP time
23months
national median 16 mo
Voluntary liq.
1company
none dissolved yet
Resolved: ₹70,657 Cr admitted claims · ₹16,394 Cr realisable under the approved plans (23.2%) · 7 companies with both figures
Last appointed Nov 2025. Ranks by mandate count, not a quality score.

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

Right now — live mandates

2
Against the statutory clock: 180 / 270 / 330 days from commencement.
2past 330d
Longest-running live mandate: Tarun Realtors Private Limited at 1,190 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Tarun Realtors Private Limited
Mining
RP · Nov 2025
1,190d past 330d limit EoI closed Dec 2025
Hiranmaye Energy Limited
Power & Energy
IRP · Jan 2024
RP · Feb 2024
1,024d past 330d limit Under CIRP

Resolved — plan approved

7
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
Indrajit Power Private Limited
→ acquired by Consortium of Evonith Metallics Limited and Evonith Holdings Pte. Limited
IRP · Feb 2024
🔒 🔒 🔒 2y 2mo
to Apr 2026
Jaiprakash Associates Limited
→ acquired by Adani Enterprises Ltd
IRP · Jun 2024
RP · Aug 2024
🔒 🔒 🔒 1y 9mo
to Mar 2026
NCR Rail Infrastructure Limited (Formerly Known As Arshiya Rail Infrastructure Limited)
→ acquired by JSW Infrastructure Limited
IRP · Mar 2024
RP · May 2024
🔒 🔒 🔒 1y 10mo
to Jan 2026
Sathavahana Ispat Limited
→ acquired by Jindal Saw Limited
RP · Sep 2021
🔒 🔒 🔒 1y 8mo
to Mar 2023
Source: IBBI register and published data. How we source and correct →
Report an error →
Role mix
IRP — interim5
Resolution Professional9
Voluntary Liquidator1
Of these, 5 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
Allahabad3 mandates
Bench median 21 months to outcome · 44% resolved (101 concluded cases)
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (341 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Bhuvan runs a median 23 months to outcome across 7 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of Bhuvan's cases each one holds — so Bhuvan is taking 130 days longer than those benches.
Sector exposure
Construction & Infrastructure3
Trading & Distribution2
Other Manufacturing1
Electronics & Electricals1
Mining1
Power & Energy1
Healthcare1
Other Services1
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