Resolved — plan approved
2Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realisable (plan) | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Ushdev Engitech Limited
→ acquired by Rakesh Ramanlal Shah
|
RP · Aug 2023
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Nov 2025
|
|
Heavy Metal & Tubes Ltd.
→ acquired by Heavy Metal and Tubes (India) Private Limited, Mr. Dilip Khandelwal and Mr. Shyamlal Gupta (Consortium)
|
IRP · Jan 2021
RP · Feb 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Apr 2022
|
Liquidation — order passed
5Liquidation mandates5on this professional's record
Closed05 still in process
Distributed vs liquidation value295.2%across 1 case with both figures · whole record 81.1%
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Ushdev International Limited |
Liquidator · Oct 2025
|
🔒 | 🔒 | 🔒 | 7y 5mo
to Oct 2025
|
| Alcock Ashdown (Gujarat) Limited |
RP · Jun 2021
|
🔒 | 🔒 | 🔒 | 3y 9mo
to Jan 2025
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim2
Resolution Professional7
Liquidator2
Voluntary Liquidator4
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
Mumbai5 mandates
Bench median 18 months to outcome · 34% resolved (1,273 concluded cases)
Ahmedabad4 mandates
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Trupalkumar runs a median 30 months to outcome across 5 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of Trupalkumar's cases each one holds —
so Trupalkumar is taking 413 days longer than those benches.
Sector exposure
Machinery & Equipment3
Power & Energy1
IT, Telecom & Media1
Chemicals & Plastics1
Other Manufacturing1
Other Services1
Logistics & Transport1
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