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Home / RP Tracker / Hitesh Kothari

Hitesh Kothari UNCLAIMED PROFILE

Insolvency Professional · Mumbai, Maharashtra · Active since 2019
Bench Mumbai · West·IBBI/IPA-002/IP-N00324/2017-2018/10929·IPA ICSI IIP·CPE 123 credits
Sectors: Other Manufacturing · Other Services · Steel & Metals · Real Estate & Housing
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Viewed 11× in 90 days — a public page, built from the IBBI record
Career composition · 12 companies, incl. 1 withdrawn and 4 voluntary
2
4
1
1
4
Resolved 2 Liquidation 4 Under CIRP 1 Withdrawn / settled 1 Voluntary liquidation 4
Companies by year of first appointment
2
6
3
1
'19'20'21'22'23'24'25'26
Activity
Top 20%
19 IBBI appointments
Resolved
2cases
33% of 6 CIRPs led
Recovery vs LV
109.6%
1 of 2 beat LV
CIRP time
19months
national median 16 mo
Liquidation
4companies
0 closed · 4 in process
Voluntary liq.
4companies
none dissolved yet
Resolved: ₹61 Cr admitted claims · ₹10 Cr realisable under the approved plans (17.2%) · 2 companies with both figures
Last appointed Jan 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

1
Against the statutory clock: 180 / 270 / 330 days from commencement.
1past 330d
Longest-running live mandate: D J Appliances Private Limited at 1,277 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
D J Appliances Private Limited
Other Services
IRP · Apr 2023
RP · Jun 2023
1,277d past 330d limit Under CIRP

Resolved — plan approved

2
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
Value Direct Communication Private Limited
→ acquired by Tatkal Loan India Private Limited
IRP · Feb 2023
🔒 🔒 🔒 1y 7mo
to Oct 2024
Nyka Steels Private Limited
→ acquired by Lalita Santosh Powle in Consortium with Pravesh Seafood Private Limited
IRP · Feb 2023
RP · Mar 2023
🔒 🔒 🔒 17 mo
to Jun 2024

Liquidation — order passed

4
Liquidation mandates4on this professional's record
Closed04 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Agrasen Trade Merchants Private Limited
IRP · Mar 2023
RP · Mar 2023
🔒 🔒 🔒 1y 8mo
to Dec 2024
Jans Copper Private Limited
IRP · Feb 2023
RP · Apr 2023
🔒 🔒 🔒 18 mo
to Aug 2024
Matrushree Export Private Limited
IRP · Feb 2023
RP · Mar 2023
🔒 🔒 🔒 10 mo
to Nov 2023
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim8
Resolution Professional6
Liquidator1
Voluntary Liquidator4
Of these, 8 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
Mumbai8 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Hitesh runs a median 19 months to outcome across 6 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of Hitesh's cases each one holds — so Hitesh is moving at the pace of those benches, within a month either way.
Sector exposure
Other Manufacturing3
Other Services3
Steel & Metals1
Real Estate & Housing1
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