Liquidation — order passed
21 of 2 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates2on this professional's record
Closed11 still in process
Distributed vs liquidation value91.3%across 1 case with both figures · whole record 81.1%
Order to closure353 daysaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Govind Electrica Private Limited |
Liquidator · Jun 2025
|
🔒 | 🔒 | 🔒 | 2y 8mo
to Jun 2025
|
| K T C Foods Private Limited |
IRP · Sep 2018
|
🔒 | 🔒 | 🔒 | 9 mo
to May 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Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Hawk Leathrers Private Limited
Other Manufacturing |
IRP · Sep 2019
|
53d
to Nov 2019
|
Voluntary liquidations
4Solvent 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 11mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 4
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 |
|---|---|---|---|---|---|
R S Earthmovers Private Limited
6 dated steps in the orderNew Delhi Bench-VI
Delay recorded in the order“liquidation could not be completed within the twelve months of the Liquidation commencement date” |
Voluntary Liquidator · Jul 2017 |
🔒 | 🔒 | 🔒 | 4y 11mo to Jul 2022 |
Sidhivinayak Financial Services Limited
7 dated steps in the orderCHANDIGARH BENCH, CHANDIGARH
|
Voluntary Liquidator · Jan 2019 |
🔒 | 🔒 | 🔒 | 2y 10mo to Dec 2021 |
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
Liquidator1
Voluntary Liquidator4
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
Chandigarh3 mandates
Bench median 20 months to outcome · 37% resolved (212 concluded cases)
Mast runs a median 9 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 20 months, weighted by how many of Mast's cases each one holds —
so Mast is closing 347 days faster than those benches.
Sector exposure
Food & Agro1
Other Manufacturing1
Trading & Distribution1
Other Services1
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