Liquidation — order passed
22 of 2 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates2on this professional's record
Closed20 still in process
Distributed vs liquidation value28.6%across 1 case with both figures · whole record 81.1%
Order to closure37 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Satkar Air Cargo Services Private Limited |
IRP · Aug 2019
|
🔒 | 🔒 | 🔒 | 4 mo
to Dec 2019
|
| Satkar Terminals Limited |
IRP · Sep 2019
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 3 mo
to Dec 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Withdrawn / settled
3Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Hyper HR Nucleus Solutions Private Limited
Other Services |
IRP · Aug 2022
RP · Sep 2022
|
3y 11mo
to Jul 2026
|
|
Dhara Cements (India) Private Limited
Other Manufacturing |
IRP · Feb 2024
|
2y 2mo
to May 2026
|
|
Quickdel Logistics Private Limited
Logistics & Transport |
IRP · Jan 2019
RP · Feb 2019
|
52d
to Feb 2019
|
Voluntary liquidations
19Solvent 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 4mo
across 7 completed · every VL on record runs 1y 8mo
Dissolution orders read4 of 19
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 |
|---|---|---|---|---|---|
| Madhumalti Capital Private Limited |
Voluntary Liquidator · Aug 2018 |
🔒 | 🔒 | 🔒 | 15 mo to Nov 2019 |
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 — interim5
Resolution Professional2
Liquidator1
Voluntary Liquidator19
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
New Delhi2 mandates
Bench median 17 months to outcome · 35% resolved (789 concluded cases)
Chandigarh2 mandates
Bench median 20 months to outcome · 37% resolved (212 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Gyaneshwar runs a median 3 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of Gyaneshwar's cases each one holds —
so Gyaneshwar is closing 446 days faster than those benches.
Sector exposure
Logistics & Transport3
Other Manufacturing1
Other Services1
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