Reliance Home Finance Limited: 11th CoC Meeting held under CIRP
The 11th CoC meeting was originally scheduled for 15 June 2026 but was rescheduled to 24 June 2026 and conducted via video conferencing. The regulator requires disclosure of CoC meeting outcomes including approval or rejection of resolution plans, asset valuations, and creditor claims assessment. The frequency of meetings and progression through multiple rounds suggests active bidding and negotiation. RHFL entered CIRP under the Insolvency and Bankruptcy Code, triggering mandatory creditor-led resolution within a statutory 330-day window (extendable by 90 days).
Why it mattersThe progression through multiple CoC meetings signals advancement through the statutory resolution timeline under IBC; practitioners should monitor the formal resolution plan submission window and creditor voting outcomes, which will determine whether rescue or liquidation proceeds.
SectorFinancial Services
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Sources
- NSE CORPFACTS filing - RHFL Outcome of 11th CoC Meeting · official
- BSE Corporate Announcements - RHFL CIRP Status · official
- IBBI Case Management portal - RHFL insolvency case · official
- IBBI orders · official
- NCLT orders · official
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