
Legal15 Apr 2026, 10:35 am
Radhagobind Commercial CoC discusses resolution plans, seeks 90-day CIRP extension
AI Summary
Radhagobind Commercial Ltd's 7th Committee of Creditors (CoC) meeting was held on April 14, 2026, chaired by Resolution Professional Mr. Najeeb T P. The meeting discussed the progress of the Corporate Insolvency Resolution Process (CIRP) and reviewed addendums to the original resolution plans, along with additional undertakings and affidavits. Key decisions included obtaining a legal opinion on all received resolution plans, including a review of bulk transactions, and seeking a 90-day extension for the ongoing CIRP. These matters are slated for voting subsequent to the meeting.
Key Highlights
- 7th CoC meeting held on April 14, 2026, for Radhagobind Commercial.
- Discussed progress on Corporate Insolvency Resolution Process (CIRP).
- Reviewed addendums to resolution plans and related documents.
- Decided to seek legal opinion on all resolution plans received.
- Proposed a 90-day extension for the Corporate Insolvency Resolution Process.
Price Impact
More from RCL