Liquidation — order passed
31 of 3 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates3on this professional's record
Closed12 still in process
Order to closure339 daysaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| E-Global Trading Limited |
IRP · Jul 2019
RP · Aug 2019
|
🔒 | 🔒 | 🔒 | 4y 2mo
to Sep 2023
|
| Natconn Engineering Private Limited |
IRP · Oct 2018
RP · Mar 2019
Liquidator · Oct 2019
|
🔒 | 🔒 | 🔒 | 13 mo
to Oct 2019
|
| Royal Agro Green Food Industries Private Limited |
IRP · Jul 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Apr 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
11Solvent 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 11mo
across 7 completed · every VL on record runs 1y 8mo
Dissolution orders read5 of 11
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 |
|---|---|---|---|---|---|
Destination Maternity Apparel Private Limited
7 dated steps in the orderPRINCIPAL BENCH, NEW DELHI
Delay recorded in the order“Contributories were foreign companies (Destination Maternity Corporation, USA and Mothers Work Canada INC) and liquidator could not establish connection with them as they had filed bankruptcy in their home country in October 2019, followed by COVID-19 pandemic delays.” |
Voluntary Liquidator · Feb 2019 |
🔒 | 🔒 | 🔒 | 5y to Mar 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 — interim5
Resolution Professional4
Liquidator1
Voluntary Liquidator11
Of these, 5 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
Mumbai5 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Sekar runs a median 13 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of Sekar's cases each one holds —
so Sekar is closing 164 days faster than those benches.
Sector exposure
Trading & Distribution2
Construction & Infrastructure1
Logistics & Transport1
Other Services1
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