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Future Enterprises CoC re-constituted, claims over Rs 12,265 cr from financial creditors admitted, ET Retail

FEL is going through Corporate Insolvency Resolution Process (CIRP) after the Mumbai bench of the National Company Law Tribunal (NCLT) admitted a plea from one of its operational creditors in February this year and appointed Jitender Kothari as IRP suspending the board.
New Delhi Jitender Kothari Union Bank Centbank Financial Services Ltd National Company Law Tribunal Committee Of Creditors Co

Future Enterprises CoC re-constituted, claims over Rs 12,265 cr admitted

Taking a step forward for debt resolution, the interim resolution professional of debt-ridden Future Enterprises Ltd (FEL) has reconstituted the Committee of Creditors and claims of more than Rs 12,265 crore have been admitted from both secured and unsecured financial creditors.
Jitender Kothari National Company Law Tribunal Union Bank Committee Of Creditors Co Centbank Financial Services Ltd Corporate Debtor Future Enterprises Ltd

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