Intimation regarding Adjournment of Committee of Creditors Meeting due to Techncial Issue

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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AI summary

Radhagobind Commercial Ltd, currently under Corporate Insolvency Resolution Process (CIRP), has informed BSE/CSE that its Committee of Creditors (CoC) meeting scheduled for 15 May 2026 was adjourned due to technical and network connectivity issues during video conferencing. The IRP (Interim Resolution Professional) appointed by NCLT Kolkata Bench has rescheduled the meeting to 16 May 2026 at 5:00 pm to complete the remaining agenda items. This is a routine procedural matter and does not indicate any new development in the insolvency case itself.

Likely market impact

The adjournment is a minor procedural delay in the ongoing CIRP process and should not materially impact shareholders. The company remains under NCLT-supervised insolvency proceedings.