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Home / RP Tracker / Palak Swapnil Desai

Palak Swapnil Desai UNCLAIMED PROFILE

Insolvency Professional · Mumbai, Maharashtra · Active since 2019
Bench Mumbai · West·IBBI/IPA-001/IP-P01517/2019-2020/12515·IPA ICAI IIIPI·CPE 128 credits
Sectors: Wholesale and Retail Trade · Construction · Real Estate
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Viewed 11× in 90 days — a public page, built from the IBBI record
Career composition · 13 companies, incl. 1 withdrawn
7
5
1
Liquidation 7 Under CIRP 5 Withdrawn / settled 1
Companies by year of first appointment
1
4
3
3
2
'19'20'21'22'23'24'25'26
Activity
Top 20%
17 IBBI appointments
CIRP time
20months
national median 16 mo
Liquidation
7companies
2 closed · 5 in process
Liquidation: ₹23 Cr admitted claims · ₹1 Cr distributed to creditors (6.0%) · 1 company with both figures
Last appointed Sep 2026. Ranks by mandate count, not a quality score.

7 more companies on this profile open with a plan. See plans →

Right now — live mandates

5
Against the statutory clock: 180 / 270 / 330 days from commencement.
1within 180d
1271–330d
3past 330d
Longest-running live mandate: Shree Sainath Land & Development (India) Private Limited at 1,100 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Shree Sainath Land & Development (India) Private Limited
Construction & Infrastructure
RP · Sep 2026
1,100d past 330d limit EoI closed Feb 2024
Khush Infratech Private Limited
Construction & Infrastructure
IRP · Dec 2023
RP · Feb 2024
1,046d past 330d limit EoI closed Feb 2024
B M G Chemicals Private Limited
Chemicals & Plastics
IRP · Aug 2025
RP · Sep 2025
425d past 330d limit EoI closed Nov 2025
Dharan Infra-EPC Limited
Construction & Infrastructure
IRP · Dec 2025
316d inside 330d Under CIRP
Title Developers LLP
AAE4277
Real Estate & Housing
IRP · Jul 2026
RP · Aug 2026
95d within 180d EoI closed Oct 2026

Liquidation — order passed

7
2 of 7 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates7on this professional's record
Closed25 still in process
Order to closure315 daysaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Santoshi Barrier Film India Private Limited
IRP · Apr 2023
RP · Jun 2023
🔒 🔒 🔒 1y 7mo
to Dec 2024
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim6
Resolution Professional7
Liquidator5
Of these, 6 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
Mumbai13 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Palak runs a median 20 months to outcome across 3 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of Palak's cases each one holds — so Palak is taking 51 days longer than those benches.
Sector exposure
Construction & Infrastructure4
Other Manufacturing3
Real Estate & Housing2
Food & Agro1
Chemicals & Plastics1
Machinery & Equipment1
Trading & Distribution1
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