Future Lifestyle Fashions Holds 35th Committee of Creditors Meeting Under CIRP
Future Lifestyle Fashions Limited conducted its thirty-fifth Committee of Creditors meeting on April 28, 2026, as part of its ongoing Corporate Insolvency Resolution Process. The company formally notified BSE and NSE about the meeting in compliance with SEBI regulations, with Resolution Professional Ravi Sethia continuing to manage the company's affairs under NCLT supervision since the process began in May 2023.

*this image is generated using AI for illustrative purposes only.
Future Lifestyle Fashions Limited conducted its thirty-fifth Committee of Creditors (CoC) meeting on Tuesday, April 28, 2026, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting was formally communicated to stock exchanges through an official notice in accordance with regulatory requirements.
Regulatory Compliance and Exchange Communication
The company issued formal notices to both BSE Limited and The National Stock Exchange of India Limited regarding the CoC meeting. The communication was made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, specifically under sub-clause 16(g) of Clause A of Part A of Schedule III.
| Exchange Details: | Information |
|---|---|
| BSE Scrip Code: | 536507 |
| BSE Debt Scrip Code: | 957150 |
| NSE Symbol: | FLFL |
| Meeting Date: | Tuesday, April 28, 2026 |
| Meeting Number: | Thirty-fifth CoC meeting |
Resolution Professional Management
Ravi Sethia continues to serve as the Resolution Professional for Future Lifestyle Fashions Limited, managing the company's affairs under the CIRP framework. His professional credentials and contact information were detailed in the official communication to ensure transparency and stakeholder accessibility.
| Professional Details: | Information |
|---|---|
| Resolution Professional: | Ravi Sethia |
| IP Registration: | IBBI/IPA-001/IP-P01305/2018-2019/12052 |
| AFA Certificate: | AA1/12052/02/31126/108915 |
| Certificate Validity: | Until December 31, 2026 |
| Organization: | KPMG Restructuring Services LLP |
| Office Address: | 8th Floor, Building No.10, DLF Cyber City, Phase II, Gurgaon, Haryana, 122002 |
Corporate Insolvency Process Background
Future Lifestyle Fashions Limited remains under the Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code 2016. The company's affairs, business, and assets continue to be managed by the Resolution Professional under National Company Law Tribunal supervision.
| CIRP Timeline: | Details |
|---|---|
| NCLT Order Date: | May 4, 2023 |
| Court Reference: | CP(IB) No. 959/MB/2022 |
| Tribunal: | Hon'ble NCLT Mumbai Bench-II |
| First CoC Meeting: | June 6, 2023 |
| Current Meeting: | Thirty-fifth CoC meeting |
Stakeholder Communication Channels
The Resolution Professional maintains dedicated communication channels for stakeholders through email addresses ravisethia@kpmg.com and cirpfll@gmail.com . This ensures continued transparency and accessibility throughout the resolution process as the company progresses through its restructuring journey under the established legal framework.
Historical Stock Returns for Future Lifestyle Fashions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.33% | -2.56% | +22.58% | +1.33% | -19.58% | -97.47% |
What potential resolution plans are likely to emerge as the CIRP approaches its final stages after 35 CoC meetings?
How might the December 2026 expiry of the Resolution Professional's certificate impact the timeline for completing the insolvency process?
What are the prospects for creditor recovery given the extended duration of nearly three years since the NCLT order?



























