Resolved — plan approved
4Acquirer 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 |
|---|---|---|---|---|---|
|
Classic Corrugations Private Limited
→ acquired by Sonal Sumit Mehta Jointly with Credex Trading
|
RP · Mar 2025
|
🔒 | 🔒 | 🔒 | 14 mo
to Mar 2026
|
|
NRS Projects Private Limited
→ acquired by Mr. Nimit Sangani, One of the Promoters of the Corporate Debtor
|
IRP · Jul 2019
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 3y 1mo
to Aug 2022
|
|
Swastik Ceracon Limited
→ acquired by Ajita Sil-Chem Pvt. Ltd
|
IRP · Jan 2019
|
🔒 | 🔒 | 🔒 | 3y 5mo
to Jun 2022
|
|
Pradip Overseas Limited
→ acquired by Pradip J Karia and Others (Suspended Management)
|
IRP · Nov 2020
RP · Dec 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Oct 2021
|
Liquidation — order passed
94 of 9 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates9on this professional's record
Closed45 still in process
Distributed vs liquidation value113.5%across 3 cases with both figures · whole record 81.1%
Order to closure39 moaverage over 4 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Arya Filaments Private Limited |
IRP · Aug 2018
RP · Sep 2018
|
🔒 | 🔒 | 🔒 | 5y 2mo
to Nov 2023
|
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 →
Report an error →
Role mix
IRP — interim10
Resolution Professional12
Liquidator7
Voluntary Liquidator9
Of these, 10 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
Ahmedabad15 mandates
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Ravi runs a median 14 months to outcome across 12 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of Ravi's cases each one holds —
so Ravi is moving at the pace of those benches, within a month either way.
Sector exposure
Other Manufacturing4
Textiles & Apparel3
Other Services2
Construction & Infrastructure2
Pharmaceuticals1
Cement, Glass & Ceramics1
Machinery & Equipment1
Real Estate & Housing1
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