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Latest filing: 2026-04-10 19:39
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Note: These are AI-generated, educational summaries of public NSE
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2 announcements match the current filters (relevance ≥ 5).
Future Enterprises Schedules 41st CoC Meeting for April 13, 2026
Future Enterprises Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has convened its 41st Committee of Creditors (CoC) meeting. The meeting is scheduled for April 13, 2026, at 04:30 P.M. to discuss the progress of the insolvency proceedings. This follows a long-standing insolvency case where the company is attempting to resolve its debt obligations under the supervision of Resolution Professional Avil Menezes. Investors should note that the company remains under significant financial distress during this legal process.
Key Highlights
41st meeting of the Committee of Creditors (CoC) scheduled for April 13, 2026.
The meeting is being held in accordance with Regulation 30 of SEBI (LODR) and IBC requirements.
Resolution Professional Avil Menezes's authorization for assignment is valid until June 30, 2027.
The company continues to operate under the Corporate Insolvency Resolution Process (CIRP).
👀 What to Watch
Existing shareholders should exercise extreme caution as equity value is typically significantly diluted or eliminated in insolvency resolutions. Monitor the outcome of CoC meetings for any updates on potential bidders or liquidation proceedings.
Future Enterprises (FEL) Schedules 40th CoC Meeting for February 11, 2026
Future Enterprises Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 40th Committee of Creditors (CoC) meeting for February 11, 2026. The meeting is part of the ongoing legal proceedings to resolve the company's outstanding debts under the Insolvency and Bankruptcy Code. The process is being managed by Resolution Professional Avil Menezes, whose authorization is valid until June 30, 2027. This meeting is a critical step in determining the future of the company's assets and potential recovery for creditors.
Key Highlights
40th meeting of the Committee of Creditors (CoC) to be held on February 11, 2026
Company remains under Corporate Insolvency Resolution Process (CIRP) as per SEBI regulations
Resolution Professional Avil Menezes is overseeing the insolvency proceedings
Meeting scheduled for 03:00 P.M. to discuss resolution progress
RP authorization for assignment is valid through June 30, 2027
👀 What to Watch
Investors should remain extremely cautious as the company is in insolvency; the outcome of CoC meetings will dictate if a resolution plan is accepted or if liquidation follows. Monitor subsequent filings for any updates on successful bids or resolution plans.
