Radhagobind Commercial Ltd Schedules 9th Committee of Creditors Meeting
The Committee of Creditors (COC) for Radhagobind Commercial Limited has scheduled its 9th meeting to discuss the progress and future steps regarding the Corporate Insolvency Resolution Process (CIRP). The meeting is set for June 15, 2026.The resolution process is being managed by Mr. Najeeb T P, who serves as the Resolution Professional (RP) and is appointed by the National Company Law Tribunal (NCLT), Kolkata Bench, following orders issued on October 30, 2025, and January 27, 2026.
The meeting will be held at Baithussalam, Balankinar, Kattampally Road Near Indus Motors Maruthi Service Centre in Kannur, Kerala, and simultaneously via Video Conferencing. The scheduled start time is 5:00 PM.
Agenda Highlights
The agenda for the COC meeting includes several key items relating to the status of the insolvency process and future strategy.Key discussion points are expected to cover:
- Reviewing the progress of the Corporate Insolvency Resolution Process (CIRP), specifically addressing the NCLT order reserved for extension and actions taken by the RP.
- Considering and approving the appointment of a legal consultant responsible for verifying and conducting due diligence on submitted Resolution Plans.
- Discussing CIRP costs incurred to date, as well as interim finance needs from financial creditors.
- Addressing any other matters concerning the functioning of the COC and CIRP with permission from the Chair.
The meeting will commence with a roll call of participants and ascertaining quorum, chaired by Mr. Najeeb T P, the Resolution Professional.
Stock Price Movement
On Friday, Radhagobind Commercial Ltd shares settled at ₹2.98, marking a gain of 4.56%. The stock traded during the day within an intraday range established between a low of ₹2.75 and a high of ₹2.99.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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