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April 14, 2023
The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company.
April 13, 2023
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April 13, 2023
The resolution professional of FRL has filed an application before the Mumbai bench of the National Company Law Tribunal (NCLT) seeking exclusion of a period of 90 days from CIRP of FRL, and consequent extension from April 16, 2023, to July 15, 2023, for concluding the CIRP of FRL
April 12, 2023
As 49 entities including Reliance, JSW and Adani file their expressions of interest for Future Retail, here’s a look at how the future of India’s biggest retail business in now bleak , , future group, future retail, kishore biyani, explained
April 12, 2023
The Insolvency and Bankruptcy Code (IBC) time frame for resolution is 330 days, inclusive of the time taken for litigation.
April 11, 2023
Future Retail Firm: Adani, Ambani are one of 49 buyers who have expressed interest in purchasing Future Retail. Big Bazaar is home to 835 Reliance Group outlets.
April 10, 2023
A Gordon Brothers-led international consortium, Jindal Power have also expressed interest in Future Group’s flagship firm
April 10, 2023
On March 23, 2023 creditors of Future Retail invited new expressions of interest where prospective buyers can bid for the debt-ridden firm as it failed to attract a resolution plan in over 4 months
April 10, 2023
As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.
April 10, 2023
As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.