India tribunal allows bankruptcy proceedings against Future Lifestyle
A company court on Thursday admitted Bank of India Ltd's petition to begin insolvency proceedings against Future Lifestyle Fashions Ltd on an alleged loan default04-05-2023
04-05-2023
Future Lifestyle Fashions Ltd - 536507 - Admission Of The Insolvency Petition Filed By The Financial Creditor - Copy Of Order Of Hon'Ble NCLT
With reference to the above, please find enclosed herewith the copy of Order of the Hon'ble National Company Law Tribunal ('NCLT') pronounced and uploaded on the NCLT web portal today i.e. 04 May 2023, regarding admission of the petition of Bank of India, filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (the Code) before the Hon'ble NCLT on 26 August 2022 against the Future Lifestyle Fashions Limited.04-05-2023
Future Lifestyle Fashions Ltd - 536507 - Regulations 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Regulations') - Admission Of The Insolvency Petition Filed By The Financial Creditor
With reference to the above, please be informed that the Hon'ble National Company Law Tribunal ('NCLT') has pronounced its Order today i.e. 04 May 2023, allowing the admission of the petition of Bank of India, filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (the Code) on 26 August 2022 against the Future Lifestyle Fashions Limited, on alleged amount of default of Rs.495.91 crore. The Hon'ble NCLT while pronouncing the Order, has also approved the appointment of Mr. Ravi Sethia as an Interim Resolution Professional ('IRP') in terms of section 16 of the Code. Kindly take the same on record and acknowledge the receipt.04-05-2023
Future Lifestyle Fashions Ltd - 536507 - Updates On Other Matters Under The Insolvency And Bankruptcy Code, 2016
Future Lifestyle Fashions Limited has informed the Exchange regarding - Updates on the matters filed under the Insolvency and Bankruptcy Code, 2016 against the Company before the Hon'ble National Company Law Tribunal''.15-03-2023
Future Lifestyle Fashions Ltd - 536507 - Announcement under Regulation 30 (LODR)-Resignation of Managing Director
Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, Mr. Vishnuprasad M has tendered his resignation as Managing Director and as a Director of the Company with effect from the closure of working hours of 16 February 2023. Consequent to the said resignation, Mr. Vishnuprasad M has ceased to be the Managing Director and Director of the Company and he also ceased to be ''Key Managerial Personnel'' and member of Committee of Directors of the Company with effect from the closure of working hours of 16 February 2023. Kindly take the above information on your records.16-02-2023
Future Lifestyle Fashions Ltd - 536507 - Updates On Other Matters Under The Insolvency And Bankruptcy Code, 2016
Updates on other matters under the Insolvency and Bankruptcy Code, 2016.11-02-2023
Future Lifestyle Fashions Ltd - 536507 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, Mr. Dharmesh Jain - Chief Financial Officer of the Company has resigned with effect from the closure of working hours of 03 February 2023 due to personal reasons. Consequent to the said resignation, Mr. Dharmesh Jain has ceased to be the Chief Financial Officer and ''Key Managerial Personnel'' (KMP) of the Company and member of Risk Management Committee of the Company with effect from the closure of working hours of 03 February 2023.04-02-2023
Future Lifestyle Fashions Ltd - 536507 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.31-01-2023
Future Lifestyle Fashions Ltd - 536507 - Regulations 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Updates On Other Matters Under The Insolvency And Bankruptcy Code, 2016.
Updates on other matters under the Insolvency and Bankruptcy Code, 2016.31-01-2023
Future Lifestyle Fashions Ltd - 536507 - Announcement under Regulation 30 (LODR)-Change in Directorate
We write to inform you that Mr. Rahul Mehta, has resigned from the position of the Chairperson and Independent Director of the Company with effect from 30 January 2023. He also ceased to be member of the Audit Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee, Corporate Social Responsibility and Environment Social and Governance (CSR & ESG) Committee and Committee of Directors of the Company.30-01-2023