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In its petition, a copy of which has been seen by PTI, the e-commerce major has said the NCLAT order has several glaring defects and suffers from a total non-application of mind by the appellate tribunal.
Bank of India's plea to initiate insolvency resolution proceedings against indebted Future Retail Limited accepted by National Company Law Tribunal, , Insolvency and Bankruptcy Code (IBC), NCLT, future retail
The National Company Law Tribunal's verdict will allow creditors to find a new owner for Future Retail, which once ran India's second largest retail chain
The National Company Law Tribunal (NCLT), Mumbai Bench on ordered for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Future Retail.
Wingreends Group has appointed industry veteran Pawan Sarda as its new chief marketing officer. He joins the company from Future Group, where he was working as chief marketing officer of digital, marketing and e-commerce business.