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Home / RP Tracker / Madan Bajarang Lal Vaishnawa

Madan Bajarang Lal Vaishnawa UNCLAIMED PROFILE

Insolvency Professional · Thane, Maharashtra · First appointment on file 2022
Bench Mumbai · West·IBBI/IPA-001/IP-P-02011/2020-2021/13052·Agency: Indian Institute of Insolvency Professionals of ICAI·CPE 85 credits
Sectors: Wholesale and Retail Trade · Construction · Real Estate · Manufacturing · Others (Service Sector)
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Viewed 5× in 90 days · 1 by signed-in investors · This page is built from the IBBI record.
Career composition · 6 companies, incl. 1 withdrawn
2
3
1
Liquidation 2 Under CIRP 3 Withdrawn / settled 1
Companies by year of first appointment
1
1
2
2
'22'23'24'25'26
Mandates
5companies
1 with financials
CIRP time
21months
national median 16 mo
Liquidation
2companies
0 closed · 2 in process
Last appointed Jan 2026.

Right now — live mandates

3
Against the statutory clock: 180 / 270 / 330 days from commencement.
1271–330d
2past 330d
Longest-running live mandate: Shivani Flexipack Limited at 1,062 days from insolvency commencement on 28 Nov 2023, counted to today.
Corporate DebtorRole / AppointedStatutory clockStage
Shivani Flexipack Limited
Other Services
IRP · Nov 2023
RP · Dec 2023
1,062d past 330d limit EoI closed Aug 2025
R V Global Private Limited
Other Services
IRP · Oct 2025
380d past 330d limit Under CIRP
Sparklet Engineers Private Limited
Machinery & Equipment
IRP · Dec 2025
Deemed RP · Jan 2026
321d inside 330d EoI closed May 2026

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Closed02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsCIRP period
Vichare Express & Logistics Private Limited
RP · Apr 2024
🔒 🔒 🔒 2y 3mo
Mar 2024 → Jul 2026
Autocop (India) Private Limited
IRP · Mar 2022
RP · Apr 2022
🔒 🔒 🔒 14 mo
Mar 2022 → May 2023
CIRP period = insolvency commencement to the liquidation order. It can start before this professional's own appointment. Figures shown for orders in the last 90 days — the full financial record is member data.

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Sporta Technologies Private Limited
Other Services
IRP · Feb 2024
2 mo
Feb 2024 → Apr 2024
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim5
Resolution Professional4
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
Mumbai6 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Madan runs a median 21 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of Madan's cases each one holds — so Madan is taking 88 days longer than those benches.
Sector exposure
Other Services4
Machinery & Equipment1
IT, Telecom & Media1
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