● A Brief Introduction of Dharit Kishorbhai Shah Dharit K Shah, B Com, M.Com, LL. B., FCA from ICAI having Membership No : 116748.
Practising Chartered Accountants and has been practicing since 2004 as partner in Bipin & Co Chartered Accountants, a firm established in the year 1968 having 6 partners and branches at Ahmedabad & Surat.

He has successfully completed Certificate course of Forensic Audit and Fraud Detection by ICAI in the year 2016.
Insolvency Professional(IP) under IBC 2016 enrolled with IIIP of ICAI and registered with IBBI, having Registration no IBBI/IPA-001/IP- P00993/2017-2018/11640.
Registered Valuer in the Asset Class “Securities or Financial Assets” under Company’s Act 2013 enrolled with ICAI RVO and registered with IBBI, having Registration no IBBI/RV/06/2019/12678
His Major area of Practice is Bank’s Concurrent Audit, Stock and Receivable Audits of units advanced by Banks, Bank Guarantee Audits, Banks Statutory Audits, statutory Audit of Public Sector Undertakings and Insolvency.

He has so far carried out more than 1204 Stock and Receivable Audits of units advanced by banks in and outside Gujarat.
Practicing as Insolvency Professional (IP) since February 2018 has served or has been been serving either as Resolution Professional or Liquidator of 5 Companies having Financial Debt size ranging from 14 Crores to 185 Crores.

1. Name of The Corporate Debtor: Jailaxmi Sugar Products Pvt Ltd
Financial Debt Size Rs in Crores: 185.00
Industry: Sugar
Name of IRP/RP: Dharit Kishor Bhai Shah
IRP/RP/Liquidator: IRP/RP
Place of IRP/RP: Vadodara
NCLT: Mumbai
Remarks:
Capacity 3500 TCD. Promoter is of Political Background, Powerful. CIRP was Set aside by NCLAT & CIRP restored by supreme court again. Asset is possessed by tenant.

2. Name of The Corporate Debtor: Dhavalpratapsinh Mohite Patil Agro Industries Limited
Financial Debt Size Rs in Crores: 88.35
Industry: Distillery
Name of IRP/RP: Dharit Kishor bhai Shah
IRP/RP/Liquidator: IRP/RP/Liquidator
Place of IRP/RP: Vadodara
NCLT: Mumbai
Remarks:
Capacity 28.5 KLPD. Promoter is of Political Background, Powerful. Possession taken with help of police. Prospective Buyers are attacked on their visit account is risky.

3. Name of The Corporate Debtor: Nihar Cotspin Private Limited
Financial Debt Size Rs in Crores: 13.99
Industry: Textile
Name of IRP/RP: Dharit Kishor Bhai Shah
IRP/RP/Liquidator: IRP/RP/ Liquidator
Place of IRP/RP: Vadodra
NCLT: Mumbai
Remarks: In Liquidation, FC has not relinquished security interest in favor of liquidator.

4. Name of The Corporate Debtor: Maktel Control & System Private Limited
Financial Debt Size Rs in Crores: 29.11
Industry: Manufacturer of Electrical panels of various types
Name of IRP/RP: Dharit Kishor Bhai Shah
IRP/RP/Liquidator: IRP/RP/Liquidator
Place of IRP/RP: Vadodara
NCLT: Ahmedabad
Remarks:
Most assets are sold out & In rest assets GIDC has Canceled the Lease deed. One asset is possessed by tenant.

5. Name of The Corporate Debtor: Maktel Power Limited
Financial Debt Size Rs in Crores: 28.76
Industry: Manufacturer of Electrical panels of various types
Name of IRP/RP: Dharit Kishor bhai Shah
IRP/RP/Liquidator: IRP/RP/Liquidator
Place of IRP/RP: Vadodara
NCLT: Ahmedabad
Remarks:
Few assets are sold out & few are attached by ED.