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Home / RP Tracker / Sitansh Anilkumar Magia

Sitansh Anilkumar Magia UNCLAIMED PROFILE

Insolvency Professional · Mumbai, Maharashtra · Active since 2017
Bench Mumbai · West·IBBI/IPA-002/IP-N00293/2017-2018/10850·IPA ICSI IIP·CPE 65 credits
Sectors: Other Manufacturing · Construction & Infrastructure · Logistics & Transport · Other Services
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Career composition · 8 companies, incl. 4 withdrawn and 3 voluntary
1
4
3
Liquidation 1 Withdrawn / settled 4 Voluntary liquidation 3
Companies by year of first appointment
1
2
1
2
1
1
'17'18'19'20'21'22'23'24'25'26
Mandates
1company
on our record
CIRP time
36months
national median 16 mo
Liquidation
1company
0 closed · 1 in process
Voluntary liq.
3companies
median 2y 10mo · all VLs 1y 8mo
Last appointed Aug 2023.

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

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Closed01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Jaatvedas Construction Company Private Limited
IRP · Sep 2022
RP · Oct 2022
🔒 🔒 🔒 2y 11mo
to Sep 2025
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.

Withdrawn / settled

4
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Welby Farms Private Limited
Other Services
IRP · Aug 2023
6 mo
to Jan 2024
Thrive Therapeutic Pvt. Ltd.
Other Manufacturing
IRP · Jul 2020
3 mo
to Oct 2020
Akhil Logistics Private Limited
Logistics & Transport
IRP · Oct 2018
50d
to Dec 2018
Shakti Bio Science Limited
Other Manufacturing
IRP · Feb 2018
42d
to Mar 2018

Voluntary liquidations

3
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 dissolution2y 10mo across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 3 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Vijay Mistry Constructions and Rajkamal Builder Private Limited
Voluntary Liquidator · Oct 2017
🔒 🔒 🔒 2y 10mo
to Aug 2020
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 Professional1
Voluntary Liquidator3
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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Sitansh runs a median 36 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 18 months, weighted by how many of Sitansh's cases each one holds — so Sitansh is taking 556 days longer than those benches.
Sector exposure
Other Manufacturing2
Construction & Infrastructure1
Logistics & Transport1
Other Services1
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