Liquidation — order passed
3Liquidation mandates3on this professional's record
Closed03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Vindhyavasini Ispat Industries Private Limited |
IRP · Mar 2024
RP · Apr 2024
Liquidator · Jan 2025
|
🔒 | 🔒 | 🔒 | 13 mo
to Jan 2025
|
| SND Limited |
IRP · Sep 2022
RP · Nov 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Dec 2023
|
| Asis Global Limited |
IRP · Feb 2020
RP · Mar 2020
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Mar 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Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Maneesh Pharmaceuticals Limited
Pharmaceuticals |
IRP · Oct 2024
RP · May 2025
|
12 mo
to Oct 2025
|
Voluntary liquidations
5Solvent 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 dissolution4y 5mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 5
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 |
|---|---|---|---|---|---|
| ERCA Specialty Chemicals Pvt. Ltd. |
Voluntary Liquidator · Dec 2018 |
🔒 | 🔒 | 🔒 | 2y 3mo to Mar 2021 |
Sumangal Industrial Equipment Pvt.Ltd.
6 dated steps in the orderMUMBAI BENCH-I
|
Voluntary Liquidator · Jan 2019 |
🔒 | 🔒 | 🔒 | 4y 9mo to Oct 2023 |
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 — interim4
Resolution Professional4
Liquidator2
Voluntary Liquidator5
Of these, 4 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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Asish runs a median 14 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of Asish's cases each one holds —
so Asish is closing 117 days faster than those benches.
Sector exposure
Pharmaceuticals1
Other Manufacturing1
Power & Energy1
Trading & Distribution1
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