11th CoC meeting held; CIRP extension and resolution plans discussed
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The 11th Committee of Creditors meeting of Radhagobind Commercial was held on 22 Sep 2026. The CoC reviewed progress of the ongoing Corporate Insolvency Resolution Process (CIRP), recent NCLT Kolkata orders, and evaluated resolution plans received from bidders. Items also included a proposed 90-day extension of the CIRP period, review of CIRP costs so far, and interim finance from financial creditors. The company has been under CIRP since 30 Oct 2025 after NCLT Kolkata admitted insolvency.
Equity shareholders face heavy uncertainty; the company is in active insolvency and outcome of the resolution plan will decide if any value is left for them.