Board Meeting16 May 2026, 10:41 pm
Radhagobind Commercial: Outcome of 8th COC Meeting
AI Summary
The 8th meeting of the Committee of Creditors (CoC) of Radhagobind Commercial Limited was held on May 16, 2026. Key discussions included the progress of the Corporate Insolvency Resolution Process (CIRP), specifically regarding the NCLT order for extension. The CoC approved the appointment of a legal consultant for due diligence of submitted Resolution Plans. The meeting also addressed CIRP costs and interim finance from financial creditors. The meeting commenced at 5:00 pm and concluded at 6:00 pm.
Key Highlights
- 8th CoC meeting of Radhagobind Commercial Ltd held on May 16, 2026.
- Progress of CIRP discussed, including NCLT order for extension.
- Appointment of legal consultant approved for Resolution Plan due diligence.
- CIRP costs and interim finance from financial creditors discussed.
Price Impact
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