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Spotlight
NCLT orders liquidation of Kishore Biyani-led Future Retail as resolution eludes
PTI -
The Mumbai bench of NCLT appointed Sanjay Gupta as the liquidator in the matterMumbai: The National Company Law Tribunal on...
Retail
Future Retail heads for liquidation as lenders fail to get suitable buyer
PTI -
As the Committee of Creditors rejected the sole resolution plan submitted by Space Mantra, the RP of the company has...
In Focus
Future Retail lenders reject Space Mantra’s bid; NCLT extends insolvency period for 15 days
PTI -
The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes...
Latest News
Kishore Biyani moves Bombay High Court against forensic audit of Future Retail
PTI -
The RP has moved an application under section Section 66(1) of the Insolvency & Bankruptcy CodeNew Delhi:Â Kishore Biyani, the...
Spotlight
Future Retail: NCLT extends deadline till September 15 for completing insolvency process
PTI -
The Insolvency & Bankruptcy Code (IBC) mandates the completion of CIRP within 330 days, which includes time taken during litigations
New...
In Focus
Future Retail resolution professional moves NCLT against Kishore Biyani and family alleging fraudulent transaction
PTI -
The application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was...
Retail
Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15
PTI -
The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of...
Retail
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...
Big Grid
NCLT grants 90 days extension to Future Retail for concluding insolvency
PTI -
Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15,...
Latest News
Future Retail’s creditors seek 90 days extension for concluding insolvency resolution process
PTI -
The CIRP was initiated against FRL by NCLT on July 20, 2022, following loan defaultNew Delhi: Lenders of debt-ridden Future...
Latest News
Myntra’s home category sees 60% YoY rise in demand
Myntra Home has witnessed its selection scale by 70% YoY, offering over 1,700 brands and more than 500,000 styles Bengaluru:...