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Home / RP Tracker / Sunit Jagdishchandra Shah

Sunit Jagdishchandra Shah UNCLAIMED PROFILE

Insolvency Professional · Ahmedabad, Gujarat · Active since 2018
Bench Ahmedabad · West·IBBI/IPA-001/IP-P00471/2017-18/10814·IPA ICAI IIIPI·CPE 164 credits
Sectors: Electricity · Wholesale and Retail Trade · Manufacturing · Others (We have Expertise Knowledge of conducting CIRP of Infrastructure Industry, Diamond & jewellery Industry, Textile Industry, Energy Sector, Software & Educational Services, Manufacturing of tiles, CeramicsIndustry, Manufacturing of Chemicals & Salt Industry, Metal Industry, and Ship Making Industry, Cotton Ginning Industry, Paper Industry, Wood Industry, Polymers & Plastics Industry.)
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Viewed 14× in 90 days — a public page, built from the IBBI record
Career composition · 21 companies, incl. 3 withdrawn and 1 voluntary
5
10
2
3
1
Resolved 5 Liquidation 10 Under CIRP 2 Withdrawn / settled 3 Voluntary liquidation 1
Companies by year of first appointment
4
5
2
1
2
3
1
2
1
'18'19'20'21'22'23'24'25'26
Activity
Top 5%
36 IBBI appointments · Ahmedabad top 10%
Resolved
5cases
36% of 14 CIRPs led
Recovery vs LV
119.7%
4 of 4 beat LV
CIRP time
21months
national median 16 mo
Liquidation
10companies
4 closed · 6 in process
Voluntary liq.
1company
none dissolved yet
Resolved: ₹835 Cr admitted claims · ₹59 Cr realisable under the approved plans (7.1%) · 5 companies with both figures
Liquidation: ₹35 Cr admitted claims · ₹0 Cr distributed to creditors (0.5%) · 3 companies with both figures
Last appointed Mar 2026. Ranks by mandate count, not a quality score.

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

Right now — live mandates

2
Against the statutory clock: 180 / 270 / 330 days from commencement.
1181–270d
1past 330d
Longest-running live mandate: Asian Business Connections Private Limited at 508 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Asian Business Connections Private Limited
Trading & Distribution
IRP · Jun 2025
RP · Jul 2025
508d past 330d limit EoI closed Aug 2025
MIKI Maize Milling Private Limited
Food & Agro
IRP · Feb 2026
RP · Mar 2026
255d in extension EoI closed Jul 2026

Resolved — plan approved

5
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
Shree Rajeshwaranand Paper Mills Limited
→ acquired by Mercury Terra Firma
RP · Mar 2023
🔒 🔒 🔒 1y 11mo
to Nov 2024
Vicor Stainless Private Limited
→ acquired by Mangalam Worldwide Private Limited
IRP · Mar 2020
🔒 🔒 🔒 2y 4mo
to Jul 2022
SQL Star International Limited
→ acquired by Infinia Fabrics Private Limited
IRP · Jul 2019
RP · Aug 2019
🔒 🔒 🔒 2y 1mo
to Aug 2021
Sungracia Tiles Private Limited
→ acquired by Sepal Tiles Private Limited
IRP · Dec 2019
RP · Jan 2020
🔒 🔒 🔒 15 mo
to Feb 2021
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim17
Resolution Professional15
Liquidator3
Voluntary Liquidator1
Of these, 17 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
Ahmedabad14 mandates
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Hyderabad4 mandates
Bench median 14 months to outcome · 37% resolved (341 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Sunit runs a median 21 months to outcome across 14 concluded mandates. The benches those mandates sit in run at 15 months, weighted by how many of Sunit's cases each one holds — so Sunit is taking 164 days longer than those benches.
Sector exposure
Other Manufacturing5
Trading & Distribution4
Textiles & Apparel2
Food & Agro2
IT, Telecom & Media1
Chemicals & Plastics1
Cement, Glass & Ceramics1
Steel & Metals1
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