Liquidation — order passed
32 of 3 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates3on this professional's record
Closed21 still in process
Order to closure58 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| The Rajasthan Industrial Gases Limited |
IRP · Aug 2022
RP · Sep 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Oct 2023
|
| Adelson Pharma Private Limited |
IRP · Dec 2021
RP · Jan 2022
Liquidator · Oct 2023
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Oct 2023
|
| Neo Aid Communication Private Limited |
IRP · Jul 2018
RP · Aug 2018
Liquidator · Jan 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Jan 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Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Rajasthan Drugs and Pharmaceuticals Limited
Other Manufacturing |
IRP · Sep 2019
|
47d
to Nov 2019
|
|
Kumar Ashiyana Private Limited
Other Manufacturing |
IRP · Sep 2018
|
2 mo
to Nov 2018
|
Voluntary liquidations
3Solvent 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 dissolution4 mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 3
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 |
|---|---|---|---|---|---|
| Sarishya Texfab Private Limited |
Voluntary Liquidator · Jun 2023 |
🔒 | 🔒 | 🔒 | 2y 5mo to Dec 2025 |
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 Professional3
Liquidator2
Voluntary Liquidator3
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
Jaipur4 mandates
Bench median 17 months to outcome · 36% resolved (78 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 44% resolved (101 concluded cases)
Mahendra runs a median 14 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of Mahendra's cases each one holds —
so Mahendra is closing 92 days faster than those benches.
Sector exposure
Other Manufacturing3
Trading & Distribution1
Logistics & Transport1
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