Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realisable (plan) | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Starlite Infracon Private Limited
→ acquired by D N P Heights Welfare Association
|
IRP · Mar 2020
RP · Jul 2020
|
🔒 | 🔒 | 🔒 | 2y 3mo
to Jul 2022
|
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 value700.0%across 1 case with both figures · whole record 81.1%
Order to closure24 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Raghav Sarees Private Limited |
IRP · Jun 2022
RP · Jul 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Aug 2023
|
| Axiom Estates Advisory Services Private Limited |
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Jan 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
2Solvent 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 dissolution15 mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 2
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.L.Goenka Spicechem Private Limited |
Voluntary Liquidator · Apr 2025 |
🔒 | 🔒 | 🔒 | in process |
Ceean Commerce Pvt.Ltd.
4 dated steps in the orderKolkata Bench-1
|
Voluntary Liquidator · May 2023 |
🔒 | 🔒 | 🔒 | 15 mo to Aug 2024 |
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
Resolution Professional3
Liquidator1
Voluntary Liquidator2
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
Kolkata4 mandates
Bench median 14 months to outcome · 34% resolved (531 concluded cases)
Niraj runs a median 21 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 14 months, weighted by how many of Niraj's cases each one holds —
so Niraj is taking 200 days longer than those benches.
Sector exposure
Construction & Infrastructure2
Steel & Metals1
Other Services1
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