Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
Cambridge Energy Resources Private Limited.
→ acquired by ConnectM Technology Solutions Pvt. Ltd
|
IRP · Mar 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 4y
to Apr 2025
|
Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Somanil Chemicals Limited |
RP · Nov 2020
Liquidator · Dec 2021
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Dec 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Redtopaz Real Estate Private Limited
Construction & Infrastructure |
IRP · Aug 2019
RP · Oct 2019
|
4y 10mo
to Jul 2024
|
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim6
Resolution Professional7
Liquidator1
Voluntary Liquidator8
Of these, 6 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
New Delhi4 mandates
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 44% resolved (101 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (212 concluded cases)
Cuttack1 mandate
Bench median 18 months to outcome · 33% resolved (48 concluded cases)
Vekas runs a median 35 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of Vekas's cases each one holds —
so Vekas is taking 523 days longer than those benches.
Sector exposure
Construction & Infrastructure3
Other Manufacturing1
Power & Energy1
Trading & Distribution1
Real Estate & Housing1
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