12th CoC meeting on 4 November 2026 to consider and vote on a resolution plan
Radhagobind Commercial Ltd (under CIRP) has called its Twelfth (12th) Committee of Creditors meeting on Wednesday, November 04, 2026 at 03:00 P.M. (IST) through audio-visual means.
By ScoutQuest · · 2 min read
- CoC Meeting Number
- Twelfth (12th) Committee of Creditors meeting
- Meeting Date and Time
- Wednesday, November 04, 2026 at 03:00 P.M. (IST)
- Meeting Mode
- through audio-visual means
The Resolution Professional, Mr. Najeeb T P, has informed BSE and the Calcutta Stock Exchange that the Twelfth (12th) meeting of the Committee of Creditors of Radhagobind Commercial Ltd will be held on Wednesday, November 04, 2026 at 03:00 P.M. (IST) through audio-visual means. The company is under the Corporate Insolvency Resolution Process (CIRP).
Voting on a resolution plan
- The CoC will discuss the resolution plans received.
- It will finalise the voting procedure and tie-breaker formula in line with Regulations 39(3)(c), 39(3A) and 39(3B) of the CIRP Regulations.
- It will consider and vote on the approval of a resolution plan under Section 30(4) of the IBC.
- It will also decide the course of action in the event that no resolution plan receives the requisite votes, and authorise the RP to undertake the necessary post-approval actions.
Cost and money items on the agenda
- CIRP costs incurred till date and interim finance from financial creditors.
- The liquidation cost estimate and the liquidator's fee, under Regulations 39B and 39D.
- The regulatory fee payable to the IBBI under Regulation 31A and how it is treated as a CIRP cost.
- Determining incentives to the Resolution Professional.
Other agenda points
- Considering setting up a Monitoring Committee under Regulation 38(4).
- Ratifying the minutes of the 11th CoC meeting held on 22.09.2026.
- Taking note of the invitation to operational creditors as observers under Regulation 16E.
- Roll call, ascertainment of quorum and leave of absence of members.
What it means for a retail shareholder
- A Committee of Creditors meeting is where the lenders of a company under insolvency take decisions. Its agenda shows how far the resolution process has moved.
- This agenda carries both a vote on a resolution plan and a discussion on what to do if no plan gets the required votes, alongside a liquidation cost estimate. These are agenda items; the decisions and the voting outcome are not part of this intimation.
- The update states that the outcome of the meeting will be intimated to the exchanges within the timelines prescribed under the SEBI (LODR) Regulations, 2015.
More numbers
- Committee of Creditors meeting numberTwelfth (12th) meeting
- Meeting start time03:00 P.M. (IST)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.