Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Paytail Commerce Private Limited |
IRP · Aug 2024
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Jul 2026
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
8Solvent 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 8mo
across 5 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 8
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 |
|---|---|---|---|---|---|
| Janpath Restaurants Private Limited |
Voluntary Liquidator · Mar 2022 |
🔒 | 🔒 | 🔒 | 3y 10mo to Jan 2026 |
| Northstone Fintech Private Limited |
Voluntary Liquidator · Mar 2023 |
🔒 | 🔒 | 🔒 | in process |
| Daiwa House Industry India PrivateLimited |
Voluntary Liquidator · Jun 2021 |
🔒 | 🔒 | 🔒 | 3y 8mo to Mar 2025 |
| Usha Heights Private Limited |
Voluntary Liquidator · Oct 2021 |
🔒 | 🔒 | 🔒 | 10 mo to Aug 2022 |
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 — interim2
Resolution Professional1
Voluntary Liquidator8
Of these, 2 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 Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (212 concluded cases)
Manisha runs a median 23 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 19 months, weighted by how many of Manisha's cases each one holds —
so Manisha is taking 136 days longer than those benches.
Sector exposure
Real Estate & Housing1
IT, Telecom & Media1
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