Radhagobind Commercial Limited Schedules 3rd Committee of Creditors Meeting for February 5, 2026

1 min read     Updated on 03 Feb 2026, 11:06 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Radhagobind Commercial Limited has scheduled its 3rd Committee of Creditors meeting for February 5, 2026, at 4:00 PM in Kannur, Kerala, under the Corporate Insolvency Resolution Process. The meeting, chaired by Interim Resolution Professional Mr. Najeeb T P, will address multiple agenda items including CIRP progress, forensic auditor appointments, COC reconstitution, and various procedural matters. The intimation has been issued in compliance with SEBI regulations and the Insolvency and Bankruptcy Code, 2016.

31685784

*this image is generated using AI for illustrative purposes only.

Radhagobind Commercial Limited has issued an official intimation regarding the scheduling of its 3rd Committee of Creditors (COC) meeting under Regulation 30 of SEBI (LODR) Regulations, 2015. The company, formerly known as Tejmangal Commercial Company Limited, is currently undergoing Corporate Insolvency Resolution Process (CIRP) proceedings.

Meeting Details

The third COC meeting has been scheduled with specific logistical arrangements to facilitate creditor participation in the ongoing insolvency proceedings.

Parameter: Details
Meeting Type: 3rd Committee of Creditors Meeting
Date: February 5, 2026
Time: 4:00 PM
Venue: Baithussalam, Balankinar, Kattampally Road Near Indus Motors Maruthi Service Centre, Kannur 670011 Kerala
Chairman: Mr. Najeeb T P (Interim Resolution Professional)

Comprehensive Meeting Agenda

The meeting agenda encompasses multiple critical aspects of the Corporate Insolvency Resolution Process, reflecting the complexity of ongoing proceedings. Key discussion points include the appointment of Mr. Najeeb T P as Interim Resolution Professional and chairman of the COC meeting, along with standard procedural matters such as roll call and quorum verification.

The agenda covers several substantive areas:

  • Progress updates on the Corporate Insolvency Resolution Process and actions taken by the IRP
  • Updates regarding forensic auditor appointments
  • Discussion on COC reconstitution matters
  • Status review of Form G issuance
  • Information Memorandum (IM) and Request for Resolution Plans (RFRP) discussions
  • Income tax appeal status updates
  • Ratification of CIRP costs incurred by the IRP and contributed by applicants

Regulatory Compliance

The intimation has been issued in strict compliance with applicable regulations, specifically under Regulation 30 of SEBI (LODR) Regulations, 2015, and in accordance with the Insolvency and Bankruptcy Code, 2016. The company has formally notified both BSE Limited (Scrip Code 539673) and CSE Limited (Scrip Code 030070) of the scheduled meeting.

Corporate Structure

Radhagobind Commercial Limited operates with its registered office located at 40, Metcalfe Street, 3rd Floor, Room No. 339, Kolkata-700013, while maintaining its corporate office at 3 D2 2nd Floor Saniya Plaza Near KSRTC Bus stand Ernakulam KL 682035. The company is listed on both BSE and CSE exchanges and carries CIN-L51909WB1981PLC033680.

Mr. Najeeb T P, serving as the Interim Insolvency Professional, holds registration number IBBI/IPA-002/IP-N01014/2020-2021/13316 and will chair the proceedings as part of his role in overseeing the Corporate Insolvency Resolution Process.

Radhagobind Commercial Limited Submits Provisional List of 39 EOIs Under IBC Process

2 min read     Updated on 26 Jan 2026, 08:24 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Radhagobind Commercial Limited submitted a provisional list of 39 expressions of interest from prospective resolution applicants under IBC Section 25(2)(h) to BSE and CSE on January 26, 2026. The EOIs were received between December 30, 2025, and January 16, 2026, with all applicants deemed eligible under Section 29A. The diverse group includes 17 individuals, 12 companies, 6 consortiums/joint ventures, 2 LLPs, and specialized entities including an NBFC and SEBI-registered investment bank.

30984854

*this image is generated using AI for illustrative purposes only.

Radhagobind Commercial Limited has submitted a provisional list of expressions of interest (EOIs) to stock exchanges BSE and CSE as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The submission, dated January 26, 2026, was made in compliance with Section 25(2)(h) of the Insolvency and Bankruptcy Code read with Regulation 36A of the CIRP Regulations.

EOI Submission Details

The company received a total of 39 expressions of interest from prospective resolution applicants between December 30, 2025, and January 16, 2026. Interim Insolvency Professional Najeeb T P, with registration number IBBI/IPA-002/IP-N01014/2020-2021/13316, submitted the provisional list to both exchanges for record and transparency purposes.

Parameter: Details
Total EOIs Received: 39
Submission Date: January 26, 2026
EOI Period: December 30, 2025 to January 16, 2026
Section 29A Eligibility: All applicants marked as eligible

Composition of Prospective Resolution Applicants

The list comprises diverse categories of applicants, demonstrating significant interest in the resolution process. The breakdown includes individual investors, corporate entities, consortiums, and specialized financial institutions.

Key Applicant Categories:

  • Individual Applicants: 17 prospective resolution applicants including Amit Kumar Somani, Anuj Jalan, Bhawarlal, Jaya Paul, and others
  • Companies: 12 corporate entities such as Air Tree Venture Private Ltd, Amara Resources Limited, Camellia Tradex Private Limited, and Standard Capital Markets Limited
  • Consortiums and Joint Ventures: 6 collaborative entities including joint ventures and consortium arrangements
  • Limited Liability Partnerships: 2 LLPs - Kvell Venture LLP and Sheza Corporate Advisors LLP
  • Specialized Entities: Including Randar Businesses Pvt Ltd (NBFC), Kailash Dhanuka HUF, and Resurgent India Limited (SEBI-registered Investment Bank)

Regulatory Compliance and Next Steps

The Interim Insolvency Professional confirmed that due diligence was exercised in preparing the list and committed to providing further clarifications or supporting documents as required by exchanges or regulatory authorities. The provisional nature of the list allows for further verification and updates as the resolution process progresses.

Compliance Aspect: Status
SEBI Regulations: Compliant
Exchange Requirements: Met
Section 29A Verification: All applicants eligible
Documentation: Provisional, subject to verification

The company, formerly known as Tejmangal Commercial Company Limited, is listed on BSE (Scrip Code: 539673) and CSE (Scrip Code: 030070). The submission represents a significant milestone in the CIRP process, with the substantial number of EOIs indicating strong market interest in the company's resolution.

More News on Radhagobind Commercial