Outcome of 3rd coc meeting on 05-02-2026
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Radhagobind Commercial Ltd held its 3rd meeting of the Committee of Creditors (CoC) on 5 February 2026 as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting was chaired by Mr. Najeeb T P, the Interim Resolution Professional (IRP). Key items discussed included progress on CIRP, appointment of Forensic Auditors, reconstitution of the CoC, status of Form G issuance, preparation of Information Memorandum and Request for Resolution Plan (IM and RFRP), and an income tax appeal. CIRP costs incurred by the IRP were ratified. The meeting lasted about 50 minutes.
The company remains under active insolvency proceedings, meaning equity shareholders are likely at significant risk with no clarity yet on a resolution plan or revival. Stock may remain thinly traded and volatile until a resolution plan is approved and implemented.