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Home / RP Tracker / Vikas Garg

Vikas Garg UNCLAIMED PROFILE

Insolvency Professional · Chandigarh, Chandigarh · Active since 2018
IBBI/IPA-002/IP-N00189/2017-18/10506·IPA ICSI IIP
Sectors: Textiles & Apparel · Food & Agro
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Viewed 6× in 90 days — a public page, built from the IBBI record
Career composition · 2 companies
2
Liquidation 2
Companies by year of first appointment
1
1
'18'19'20'21'22'23'24'25'26
Mandates
2companies
2 with financials
CIRP time
20months
national median 16 mo
Liquidation
2companies
1 closed · 1 in process
Liquidation: ₹30 Cr admitted claims · ₹2 Cr distributed to creditors (5.1%) · 1 company with both figures
Last appointed Dec 2019.

Liquidation — order passed

2
1 of 2 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates2on this professional's record
Closed11 still in process
Distributed vs liquidation value93.2%across 1 case with both figures · whole record 81.1%
Order to closure308 daysaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shri Vardhman Rice Mills Private Limited
IRP · Dec 2019
🔒 🔒 🔒 2y 6mo
to Jun 2022
Sainath Texport Limited
IRP · Apr 2018
RP · May 2018
Liquidator · Feb 2019
🔒 🔒 🔒 10 mo
to Feb 2019
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 Professional1
Liquidator1
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
New Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (212 concluded cases)
Vikas runs a median 20 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 19 months, weighted by how many of Vikas's cases each one holds — so Vikas is taking 48 days longer than those benches.
Sector exposure
Food & Agro1
Textiles & Apparel1
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