Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Akshata Mercantle Private Limited |
IRP · Jul 2018
|
🔒 | 🔒 | 🔒 | 5y 5mo
to Jan 2024
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
1Solvent 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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Smartiply India Private Limited |
Voluntary Liquidator · Feb 2025 |
🔒 | 🔒 | 🔒 | in process |
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 Liquidator1
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
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Neelesh runs a median 66 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 17 months, weighted by how many of Neelesh's cases each one holds —
so Neelesh is taking 1489 days longer than those benches.
Sector exposure
Other Manufacturing1
Trading & Distribution1
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