Outcome of 6th COC meeting held on 30-03-2026

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

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AI summary

Radhagobind Commercial Ltd, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), held its 6th meeting of the Committee of Creditors (CoC) on 30 March 2026. Mr. Najeeb T P, the Resolution Professional appointed by NCLT Kolkata Bench (originally as IRP via order dated 30 October 2025, then as RP via order dated 27 January 2026), chaired the meeting. The meeting ran from 4:00 pm to 4:30 pm and covered quorum confirmation, review of CIRP progress and actions taken by the Resolution Professional, and discussion on revision of resolution plans. The disclosure is filed under SEBI LODR Regulation 30.

Likely market impact

The stock remains under insolvency resolution with no resolution plan yet finalised; revision of resolution plans indicates the process is still active and ongoing, meaning significant uncertainty persists for shareholders regarding recovery or equity value.