Liquidation — order passed
3Liquidation mandates3on this professional's record
Closed03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Petron Engineering Construction Limited |
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Jan 2020
|
| KSS Petron Private Limited |
IRP · Aug 2017
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 4mo
to Dec 2019
|
| MAs Project Engineers Private Limited |
Liquidator · Feb 2026
|
🔒 | 🔒 | 🔒 | 6 mo
to Oct 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
2Solvent 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 dissolution1y 9mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 2
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
Clix Loans Private Limited
6 dated steps in the orderCOURT VI, NEW DELHI
|
Voluntary Liquidator · Aug 2021 |
🔒 | 🔒 | 🔒 | 16 mo to Nov 2022 |
Clix Analytics Private Limited
7 dated steps in the orderNEW DELHI BENCH COURT – V
|
Voluntary Liquidator · Aug 2021 |
🔒 | 🔒 | 🔒 | 2y 4mo to Jan 2024 |
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 — interim1
Liquidator3
Voluntary Liquidator2
Of these, 1 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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (788 concluded cases)
Vineet runs a median 29 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of Vineet's cases each one holds —
so Vineet is taking 337 days longer than those benches.
Sector exposure
Construction & Infrastructure2
Machinery & Equipment1
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