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NCLT initiated insolvency proceedings following a plea by supplier Foresight Innovations, over a Rs 1.58 crore payment default.
The Mumbai bench of the NCLT has ordered the ‘ordered the commencement of corporate insolvency resolution process’. The firm will now be auctioned in order to recover unpaid dues.
InGovern said the Future Group has more retail shareholders than Adani and the loss of public wealth is larger
Best Media Info: Previously, Sarda was associated with Wingreens as Chief Marketing Officer and D2C Head for more than half-a-year| Marketing News
Sarda joined Wingreens World as Group CMO and Head of D2C eight months ago.