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Home / RP Tracker / Hemanshu Lalitbhai Kapadia

Hemanshu Lalitbhai Kapadia UNCLAIMED PROFILE

Insolvency Professional · Mumbai, Maharashtra · Active since 2017
Bench Mumbai · West·IBBI/IPA-002/IP-N00318/2017-2018/10923·IPA ICSI IIP·CPE 159 credits
Sectors: Other Services · Healthcare · Trading & Distribution
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Career composition · 12 companies, incl. 2 withdrawn and 9 voluntary
1
2
9
Resolved 1 Withdrawn / settled 2 Voluntary liquidation 9
Companies by year of first appointment
1
3
4
1
3
'17'18'19'20'21'22'23'24'25'26
Mandates
1company
1 with financials
Resolved
1case
100% of 1 CIRP led
Recovery vs LV
48×
1 of 1 beat LV · LV on record ₹0.08 Cr
CIRP time
15months
national median 16 mo
Voluntary liq.
9companies
median 1y 8mo · all VLs 1y 8mo
Resolved: ₹26 Cr admitted claims · ₹4 Cr realisable under the approved plans (15.2%) · 1 company with both figures
Last appointed Jan 2025.

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

Resolved — plan approved

1
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
Redkenko Health Tech Private Limited
→ acquired by MKS Constro-Venture Private Limited
IRP · Dec 2024
RP · Jan 2025
🔒 🔒 🔒 15 mo
to Mar 2026

Withdrawn / settled

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
AP Coated Drums and Barrels Private Limited
Other Services
IRP · Jan 2019
RP · Feb 2019
6 mo
to Apr 2019
Sysco Industries Limited
Trading & Distribution
IRP · Aug 2017
26d
to Aug 2017

Voluntary liquidations

9
Solvent 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 dissolution1y 8mo across 8 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 9 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Dastoor Medichem Pvt Ltd
7 dated steps in the order
Ahmedabad Bench Court No. II
  1. Members' resolution10 May 2021
  2. Commencement25 May 2021
  3. Public announcement27 May 2021
  4. Claims deadline24 Jun 2021
  5. Preliminary report5 Jul 2021
  6. Final report5 Mar 2022
  7. Dissolution order12 Oct 2023
Voluntary Liquidator · May 2021
🔒 🔒 🔒 2y 4mo
to Oct 2023
Bee Gee Developers Private Limited
7 dated steps in the order
Mumbai Special Bench Court III
  1. Members' resolution10 Feb 2021
  2. Commencement26 Mar 2021
  3. Public announcement27 Feb 2021
  4. Claims deadline25 Apr 2021
  5. Preliminary report9 Apr 2021
  6. Final report23 Feb 2022
  7. Dissolution order30 Jan 2023
Voluntary Liquidator · Feb 2021
🔒 🔒 🔒 1y 11mo
to Jan 2023
Spectrum Oncology Private Limited
Voluntary Liquidator · Mar 2024
🔒 🔒 🔒 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 Professional2
Voluntary Liquidator9
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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Hemanshu runs a median 15 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 17 months, weighted by how many of Hemanshu's cases each one holds — so Hemanshu is closing 63 days faster than those benches.
Sector exposure
Trading & Distribution1
Other Services1
Healthcare1
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