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Kishore Biyani

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 appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL) New Delhi: The...

Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors

Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm New Delhi: Future Lifestyle Fashions Ltd...

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 assets of Future Retail, which is currently going through insolvency resolution process New Delhi: Shares of Future Retail climbed nearly...

Kishore Biyani withdraws resignation from FRL’s suspended board as Chairman, Director

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...

Kishore Biyani steps down as chairman of Future Retail

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...

Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

New Delhi: Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks, under a one-time restructuring (OTR) scheme. Future...

Amazon moves SC against Delhi HC stay order restraining Future-Reliance deal

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...

Big Bazaar’s 2-hour delivery promise set to reshape shopping in India

India’s most trusted retail brand, Big Bazaar has announced the launch of its '2-Hour Delivery Promise' on every product across fashion, food, FMCG and home products for orders placed online through Big Bazaar mobile app and portal. This makes Big...

Delhi HC stays order restraining Future-Reliance deal, court notice to Amazon

The Delhi high court on Monday stayed the single judge order restraining Future Retail's Rs 24,713 crore deal with Reliance Retail to sell its retail and wholesale business. The Kishore Biyani-led group firm, Future Retail Ltd (FRL) had filed an...

Future Group moves HC against order restraining Future-Reliance deal

The Future Group has approached the Delhi HC challenging a single judge's order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail Limited to sell its...
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