
Board Meeting14 Aug 2026, 06:02 pm
Future Consumer Ltd: Committee of Creditors Meeting on Aug 18
AI Summary
Future Consumer Ltd has announced a meeting of its Committee of Creditors (CoC) on Tuesday, August 18, 2026, at 04:00 PM via Cisco Webex. The meeting, the second of its kind under the Insolvency and Bankruptcy Code, 2016, will discuss and potentially approve the invitation for Expression of Interest for resolution plans, insolvency resolution process costs, and the appointment of a Transaction Auditor. The agenda also includes reviewing minutes from the first CoC meeting and an update from the Interim Resolution Professional.
Key Highlights
- CoC meeting scheduled for August 18, 2026, via video conference.
- Agenda includes approving Expression of Interest for resolution plans.
- Discussion on insolvency resolution process costs and auditor appointment.
- Review of minutes from the first CoC meeting.
- Update on the insolvency resolution process provided by IRP.
Price Impact
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