Future Retail

The application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL) New Delhi: The...

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filing New Delhi: The resolution professional (RP) of...

Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRL New Delhi: The NCLT has granted Future Retail Ltd (FRL) an extension of...

The CIRP was initiated against FRL by NCLT on July 20, 2022, following loan default New Delhi: Lenders of debt-ridden Future Retail Ltd (FRL) has sought an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of...

As many as 49 players, including Reliance Retail, Jindal Power Ltd and Adani group, have submitted EoI for acquiring the assets of Future Retail, which is currently going through insolvency resolution process New Delhi: Shares of Future Retail climbed nearly...

The prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters" of its assets as it failed to attract a resolution plan in over four months New Delhi: The creditors...

The Resolution Professional of Future Retail Ltd (FRL) had raised objections to the contents of Biyani's resignation letter and had requested him to recall it New Delhi: Almost one and a half months after resigning from the suspended board of debt-ridden...

Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says Biyani New Delhi: Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the...

Other entities that have submitted Expression of Interests (EOIs) include Boomidala Enterprises Pvt Ltd., Capri Global Holdings Pvt Ltd, Shalimar Corporation Ltd., Nalwa Steel & Power, United Biotech, WHSmith Travel, and United Biotech Pvt Ltd. New Delhi: Firms run by billionaires...

Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi high court order which stayed a single judge's order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business according to...