Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Varun Corporation Limited |
IRP · Jun 2017
RP · Aug 2017
Liquidator · May 2018
|
🔒 | 🔒 | 🔒 | 11 mo
to May 2018
|
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Withdrawn / settled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 |
|---|---|---|
|
Chaubey Realties Private Limited
Real Estate & Housing |
RP · Jan 2017
IRP · Nov 2017
|
7y 3mo
to Mar 2025
|
Voluntary liquidations
3Solvent 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 dissolution4y 8mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 3
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 |
|---|---|---|---|---|---|
Ingrey Travel and Tourism India Private Limited
6 dated steps in the orderCOURT-V, MUMBAI BENCH
|
Voluntary Liquidator · Jan 2019 |
🔒 | 🔒 | 🔒 | 3y 8mo to Oct 2022 |
HSBC Global Shared Services (India) Private Limited
6 dated steps in the orderMUMBAI BENCH-IV
|
Voluntary Liquidator · Jun 2017 |
🔒 | 🔒 | 🔒 | 5y 8mo to Mar 2023 |
| Rondo Metal Systems Private Limited |
Voluntary Liquidator · Jun 2018 |
🔒 | 🔒 | 🔒 | 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 Professional2
Liquidator1
Voluntary Liquidator3
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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Prakash runs a median 11 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of Prakash's cases each one holds —
so Prakash is closing 228 days faster than those benches.
Sector exposure
Trading & Distribution1
Real Estate & Housing1
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