10th CoC meeting discusses CIRP extension and interim finance

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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AI summary

Radhagobind Commercial Limited, currently under CIRP admitted by NCLT Kolkata, held its 10th Committee of Creditors meeting on 14 July 2026. The CoC discussed progress of the insolvency process, the NCLT order reserved for extension of CIRP, filing of CIRP extension application with NCLT, CIRP costs to date, and interim finance from financial creditors. The meeting lasted 15 minutes from 7:00 PM to 7:15 PM.

Likely market impact

Filing for CIRP extension signals a longer resolution timeline; interim finance indicates ongoing funding needs during insolvency.