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Home / RP Tracker / Nitin Daga

Nitin Daga UNCLAIMED PROFILE

Insolvency Professional · Kolkata, West Bengal · Active since 2022
Bench Kolkata · East·IBBI/IPA-001/IP-P-02213/2020-2021/13405·IPA ICAI IIIPI·CPE 108 credits
Sectors: Real Estate · Manufacturing · Others (Iron & Steel (Trading))
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Career composition · 7 companies, incl. 2 voluntary
2
3
2
Resolved 2 Liquidation 3 Voluntary liquidation 2
Companies by year of first appointment
3
1
3
'22'23'24'25'26
Mandates
5companies
3 with financials
Resolved
2cases
40% of 5 CIRPs led
Recovery vs LV
86.4%
1 of 2 beat LV
CIRP time
11months
national median 16 mo
Liquidation
3companies
2 closed · 1 in process
Voluntary liq.
2companies
median 4 mo · all VLs 1y 8mo
Resolved: ₹69 Cr admitted claims · ₹50 Cr realisable under the approved plans (72.5%) · 2 companies with both figures
Liquidation: ₹227 Cr admitted claims · ₹1 Cr distributed to creditors (0.3%) · 1 company with both figures
Last appointed Dec 2024.

1 more company on this profile open with a plan. See plans →

Resolved — plan approved

2
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
Rosedale Developers Private Limited
→ acquired by Assam Valley Finance and Investments Private Limited
RP · Aug 2023
🔒 🔒 🔒 2y 8mo
to Nov 2024
Rishra Steel Limited
→ acquired by Consortium of Geepee Softtech Services Private Limited and JK Urbanscapes Developers Limited
IRP · Jul 2022
RP · Aug 2022
🔒 🔒 🔒 1y 8mo
to Mar 2024

Liquidation — order passed

3
2 of 3 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates3on this professional's record
Closed21 still in process
Distributed vs liquidation value45.6%across 1 case with both figures · whole record 81.1%
Order to closure16 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Kordash Handlers and Logistics Private Limited
IRP · Nov 2024
RP · Dec 2024
🔒 🔒 🔒 11 mo
to Oct 2025
S.B. Ispat (India) Private Limited
IRP · Jan 2022
RP · Feb 2022
Liquidator · Nov 2022
🔒 🔒 🔒 10 mo
to Nov 2022
East Mond Infra and Trade Private Limited
IRP · Jan 2022
RP · Feb 2022
🔒 🔒 🔒 9 mo
to Sep 2022
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.

Voluntary liquidations

2
Solvent 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 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 DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Farmers Cold Storage (GAYA) Private Limited
Voluntary Liquidator · Dec 2024
🔒 🔒 🔒 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 — interim4
Resolution Professional5
Liquidator1
Voluntary Liquidator2
Of these, 4 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
Kolkata3 mandates
Bench median 14 months to outcome · 34% resolved (531 concluded cases)
Bengaluru2 mandates
Bench median 12 months to outcome · 26% resolved (180 concluded cases)
Nitin runs a median 11 months to outcome across 5 concluded mandates. The benches those mandates sit in run at 13 months, weighted by how many of Nitin's cases each one holds — so Nitin is closing 71 days faster than those benches.
Sector exposure
Construction & Infrastructure2
Steel & Metals1
Other Manufacturing1
Other Services1
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