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 |
|---|---|---|---|---|---|
|
Indolsolar Limited
→ acquired by Waaree Energies Limited
|
IRP · Apr 2019
RP · May 2019
|
🔒 | 🔒 | 🔒 | 3y
to Apr 2022
|
Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Rajat Wires Private Limited |
RP · Jul 2020
|
🔒 | 🔒 | 🔒 | 4y 11mo
to Feb 2025
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Syrex Infoservices (India) Private Limited
Other Services |
IRP · Jul 2022
RP · Sep 2022
|
3y 7mo
to Mar 2026
|
|
Brimson Cables Private Limited
Other Services |
IRP · May 2019
|
5 mo
to Sep 2019
|
Voluntary liquidations
1Solvent 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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Sanyo Special Steel India Private Limited |
Voluntary Liquidator · Feb 2025 |
🔒 | 🔒 | 🔒 | in process |
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
Resolution Professional3
Voluntary Liquidator1
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
New Delhi4 mandates
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Gulshan runs a median 48 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of Gulshan's cases each one holds —
so Gulshan is taking 943 days longer than those benches.
Sector exposure
Other Services3
Textiles & Apparel1
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