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Space Mantra and Donear Industries submit plans for Future Lifestyle Fashions, ET Retail

Future Lifestyle Fashions (FLFL), a Kishore Biyani-promoted company, has received two resolution offers from scrap dealer Space Mantra and fashion retailer Donear Industries. Space Mantra s Rs 550-crore offer for Future Retail was rejected by lenders due to its low price. Donear Industries-owned textile maker GBTL showed interest in acquiring Future Enterprises, but did not submit a resolution plan. ....

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Corporate insolvency resolution process (CIRP) | Future Lifestyle Fashions Ltd gets claims of Rs 2,155 crore from 12 financial creditors

As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors of FLFL has been formed and it will have its first meeting next week ....

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Future Lifestyle Insolvency: RP receives claims of Rs 2,155.53 cr from financial creditors

Future Lifestyle Fashions Ltd has received a total claim of Rs 2,155.53 crore from 12 financial creditors in the corporate insolvency resolution process (CIRP) initiated against this Future group company recently.

The resolution professional of the company has provisionally admitted claims of Rs ....

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Future Lifestyle Insolvency: RP receives claims of Rs 2,155.53 crore from financial creditors

The resolution professional of the company has provisionally admitted claims of Rs 2,117.03 crore and claims worth Rs 38.5 crore are ....

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NCLT Mumbai Initiates Insolvency Process Against Future Lifestyle Fashions, A Future Group Enterprise

The National Company Law Tribunal (“NCLT”), Mumbai Bench, comprising of Shri Kuldip Kumar Kareer (Judicial Member) and Shri Shyam Babu Gautam (Technical Member), while adjudicating a petition filed. ....

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