Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Mercator Oil & Gas Limited |
Liquidator · Nov 2022
|
🔒 | 🔒 | 🔒 | 16 mo
to Nov 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
6Solvent 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 dissolution16 mo
across 5 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 6
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 |
|---|---|---|---|---|---|
PKR Energy Limited
7 dated steps in the orderPRINCIPAL BENCH, NEW DELHI
|
Voluntary Liquidator · Apr 2023 |
🔒 | 🔒 | 🔒 | 14 mo to Jun 2024 |
| Wellell India Private Limited |
Voluntary Liquidator · Mar 2024 |
🔒 | 🔒 | 🔒 | 17 mo to Aug 2025 |
| Gangzur Adventure Lodge Private Limited |
Voluntary Liquidator · Jan 2023 |
🔒 | 🔒 | 🔒 | 2y 6mo to Jul 2025 |
Delta IES India Private Limited
7 dated steps in the orderNew Delhi Bench Court-IV
|
Voluntary Liquidator · Oct 2022 |
🔒 | 🔒 | 🔒 | 9 mo to Jul 2023 |
| Newfer India Private Limited |
Voluntary Liquidator · Mar 2026 |
🔒 | 🔒 | 🔒 | 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
Liquidator1
Voluntary Liquidator6
Benches — mandates vs the forum's tempo
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Sector exposure
Logistics & Transport1
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