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Sbi: Future Lifestyle resolution hits a bump over forensic auditor's role, ET Retail

Sbi: The sale of Future Lifestyle Fashions (FLFL) under the corporate insolvency process has run into a roadblock due to a conflict of interest between promoter Kishore Biyani and the forensic auditor appointed by lenders, people aware of the development said. Dilip Dixit had undertaken an assignment for one of the Biyani-promoted company before FLFL was admitted for corporate insolvency. Dixit is also partner of GD Apte & Co, the firm which the lenders appointed as forensic auditor of FLFL in July 2022. ....

Kishore Biyani , Gd Apte Co , Future Lifestyle Fashions , Future Consumer , Future Lifestyle Fashions Flfl , Corporate Insolvency , Forensic Auditor , Future Lifestyle , Kishore Biyani , Future Lifestyle Fashions , State Bank Of India ,

Future Lifestyle resolution hits a bump over forensic auditor's role

The sale of Future Lifestyle Fashions (FLFL) under the corporate insolvency process has run into a roadblock due to a conflict of interest between promoter Kishore Biyani and the forensic auditor appointed by lenders, people aware of the development said. Dilip Dixit had undertaken an assignment for one of the Biyani-promoted company before FLFL was admitted for corporate insolvency. Dixit is also partner of GD Apte & Co, the firm which the lenders appointed as forensic auditor of FLFL in July 2022. ....

Ravi Sethia , Kishore Biyani , Gd Apte Co , Future Lifestyle Fashions , Future Group , Future Consumer , Corporate Insolvency , Forensic Auditor , Future Lifestyle , Sale Process , Future Lifestyle Fashions Flfl , State Bank Of India Sbi , State Bank Of India ,

Future Lifestyle resolution hits a bump over forensic auditor's role

The sale of Future Lifestyle Fashions (FLFL) under the corporate insolvency process has run into a roadblock due to a conflict of interest between promoter Kishore Biyani and the forensic auditor appointed by lenders, people aware of the development said. Dilip Dixit had undertaken an assignment for one of the Biyani-promoted company before FLFL was admitted for corporate insolvency. Dixit is also partner of GD Apte & Co, the firm which the lenders appointed as forensic auditor of FLFL in July 2022. ....

Kishore Biyani , Ravi Sethia , Gd Apte Co , Future Lifestyle Fashions , Future Group , Future Consumer , Corporate Insolvency , Forensic Auditor , Future Lifestyle , Sale Process , Future Lifestyle Fashions Flfl , State Bank Of India Sbi , State Bank Of India ,