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Future Retail heads for liquidation as lenders fail to get suitable buyer

As the Committee of Creditors rejected the sole resolution plan submitted by Space Mantra, the RP of the company has...

Future Retail lenders reject Space Mantra’s bid; NCLT extends insolvency period for 15 days

The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes...

Kishore Biyani moves Bombay High Court against forensic audit of Future Retail

The RP has moved an application under section Section 66(1) of the Insolvency & Bankruptcy Code New Delhi: Kishore Biyani, the...

Future Retail: NCLT extends deadline till September 15 for completing insolvency process

The Insolvency & Bankruptcy Code (IBC) mandates the completion of CIRP within 330 days, which includes time taken during litigations New...

Future Retail resolution professional moves NCLT against Kishore Biyani and family alleging fraudulent transaction

The application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was...

Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of...

Only 6 companies bids for Future Retail, big ones such as Reliance and Adani opt-out

Future Retail has a debt of around Rs 30,000 crore and the company is going through corporate insolvency resolution process...

NCLT grants 90 days extension to Future Retail for concluding insolvency

Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15,...

Future Retail’s creditors seek 90 days extension for concluding insolvency resolution process

The CIRP was initiated against FRL by NCLT on July 20, 2022, following loan default New Delhi: Lenders of debt-ridden Future...

Future Retail shares climb 5%

As many as 49 players, including Reliance Retail, Jindal Power Ltd and Adani group, have submitted EoI for acquiring the...

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