Professional Profile of Mr. Vikas Gopichand Khiyani

Overview

Mr. Vikas Gopichand Khiyani is a registered Insolvency Professional (IP) with the Insolvency and Bankruptcy Board of India (IBBI), operating under Registration No. IBBI/IPA-001/IP-P-02738/2022-2023/14194-2. He is a qualified Chartered Accountant (CA) and holds a GIP qualification, with expertise spanning financial consulting, taxation, and insolvency resolution-6.

Professional Registration and Credentials

Mr. Khiyani was registered as an Insolvency Professional on 23 September 2022-2. He is a member of the Indian Institute of Insolvency Professionals of ICAI (IIIPI), with membership commencing from 25 July 2022-2. His professional credentials remain valid, with a valid Authorization for Assignment (AFA) Certificate (No. AA1/14194/02/311225/107421) valid until 31 December 2025-2-8.

As per his membership directory entry with IIIPI, his qualifications are listed as CA and GIP, with stated areas of expertise including Financial and Consulting, and Taxation-6. His correspondence address is recorded as Flat no. 103, 1st Floor, Palm Acre CHS Ltd, Sunder Nagar, Kolekalyan Village, Kalina, Santacruz East, Mumbai Suburban, Maharashtra, 400098, with an alternate address at 910, 9th Floor, Ajmera Sikova, Ghatkopar West-6-12.

Panel Eligibility and Jurisdiction

Mr. Khiyani is empanelled with the Mumbai Bench of the National Company Law Tribunal (NCLT) and operates within the West Zone jurisdiction-3-11. He is eligible for appointment as Interim Resolution Professional (IRP), Resolution Professional (RP), Liquidator, and Bankruptcy Trustee under the Insolvency and Bankruptcy Code, 2016-11.

As of the panel period ending December 2025, he is listed on the panel of IPs with 10 ongoing assignments (4 as RP of CIRP and 6 in other capacities including IRP, Liquidator, and Bankruptcy Trustee) and 2 completed assignments-3. His sectoral experience includes Hotels, Construction, Real Estate, Manufacturing, and Education-3-11.

Notable Assignments

Mr. Khiyani has been appointed in several significant corporate insolvency matters:

Xrbia Developers Limited

Mr. Khiyani was appointed as the Interim Resolution Professional (IRP) for Xrbia Developers Limited (CIN: U45209PN2004PLC019772) by the Hon'ble NCLT, Mumbai Bench, vide order dated 06 August 2024, following a petition filed by Titan Contracting Services LLP under Section 9 of the IBC-12. The matter subsequently saw an amicable settlement between the operational creditor and the corporate debtor, leading to Mr. Khiyani filing an Application for Withdrawal of CIRP under Section 12A of the IBC read with Regulation 30A of the IBBI (Insolvency Resolution Process of Corporate Persons) Regulations 2016-12.

During this assignment, Xrbia Developers Ltd was impleaded as Respondent No. 20 before the National Green Tribunal in Original Application No. 33/2019, with Mr. Khiyani representing the corporate debtor through its IRP. He filed a Reply Affidavit on behalf of the company, invoking the moratorium provisions under Section 14 of the IBC to bar institution or continuation of proceedings against the corporate debtor-12.

Other Appointments

Based on the details provided, Mr. Khiyani has been appointed as RP or IRP for a wide range of corporate debtors, including:

• Shri Vaijanath Industries Private Limited (appointed RP on 01-Sep-23, IRP on 06-Jun-23)

• Xrbia Warai Developers Private Limited (RP on 01-Nov-24, IRP on 28-Jun-24)

• Dharmkalp Constructions and Consultancy Private Limited (RP on 30-Oct-24, IRP on 26-Sep-24)

• Rajdeep Buildcon Private Limited (IRP on 04-Jun-25)

• TAURIAN ENGINEERING PRIVATE LIMITED (Liquidator on 04-Sep-25)

• SANWARIYAJI BUSINESS VENTURE PRIVATE LIMITED (RP on 24-Oct-25, IRP on 22-Jan-25)

• SHRINATHJI BUSINESS VENTURE PRIVATE LIMITED (RP on 10-Nov-25, IRP on 22-Jan-25)

• Rao Edusolutions Private Limited (IRP on 01-Mar-23)

• RR Metalmakers India Limited (IRP on 22-Apr-24)

Practice Location

Mr. Khiyani is based in Mumbai, Maharashtra and handles assignments primarily within the West Zone, covering the State of Maharashtra and Goa-9-11. His registered email is cavikas.khiyani@gmail.com-2-6. Contact number 9920071994 

Disclaimer: This article is based on publicly available information from IBBI records, NCLT filings, and regulatory panels as of the date of compilation. Professional details including assignment counts, AFA validity, and panel status are subject to change and should be verified from official sources.