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NCLT extends deadline for completion of insolvency resolution of Future Retail to Aug 17

NCLT's Mumbai bench has allowed the plea of FRL to exclude 33 days from the corporate insolvency resolution process

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Reliance Retail, Jindal Power among 49 firms to submit EoIs for the future of retail

Debt-ridden Future Retail Ltd announced a provisional list of eligible prospective recovery applicants, which...

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'We are in trouble': Future tells SC all accounts frozen, 374 stores with them

Over months, Reliance has taken over the leases of more than 900 of Future's 1,500 stores, while still allowing the company to run them.



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Future Retail defaults on repayment of Rs 5,322 cr debt

Future Retail defaults on repayment of Rs 5,322 cr debt

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Future Retail defaults on repayment of Rs 5,322-cr debt amid Amazon dispute

Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit companies with a consortium of banks and was under obligation to raise Rs 3,900 crore before March 31, 2022 by way of equity contribution.

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