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Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points

The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lenders of the company.
Kishore Future Group Future Retail Point Guide To The Story Bankruptcy Code Kishore Biyani Led Future Group Amazon Vs Future Group Clash
Source: ndtv.com

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Amazon-Future Dispute: Supreme Court To Hear Amazon Submission On Non-Alienation Of Future Retail Assets On Monday

The Supreme Court is scheduled to hear on Monday the submissions of Amazon, seeking an interim order to ensure that the Future Retail assets not be alienated till the dispute over its merger with Reliance Retail is decided by an arbitral tribunal.
Gopal Subramanium Justicenv Ramana Krishna Murari Harish Salve Supreme Court Retail Limited
Source: ndtv.com

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