OutCome of 5th COC meeting held on 21-03-2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Radhagobind Commercial Ltd, which is under the Corporate Insolvency Resolution Process (CIRP), held its 5th meeting of the Committee of Creditors on 21 March 2026 from 4:00 PM to 5:48 PM. The company has been in insolvency since NCLT Kolkata Bench admitted the case on 30 October 2025, and Mr. Najeeb T P currently serves as the Resolution Professional. Key matters discussed included a review of CIRP progress, the status of resolution plans received from bidders, and acceptance of resolution plans submitted after 5 PM up to midnight of 17 March 2026. The CoC also discussed CIRP costs incurred so far, additional expenses needed for evaluating resolution plans, and the possibility of interim finance from financial creditors.
The company remains in active insolvency proceedings with resolution plans now under evaluation. Shareholders face significant uncertainty as equity could be heavily diluted or wiped out depending on the resolution plan ultimately approved by the CoC and NCLT.