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FUTURE LIFESTYLE INSOLVENCY
Future Lifestyle lenders approve resolution plan of Space Mantra & Guptas' consortiumFuture Lifestyle Fashions Ltd's lenders have approved a resolution plan from a consortium of Space Mantra and Sandeep Gupta & Shalini Gupta...- Bankruptcy court admits insolvency resolution plea against four Future Group affiliatesThe bankruptcy court has admitted four Future Group companies, including Future Corporate Resources and Central Departmental Stores, under ...
- NCLT admits Future Group affiliate Acute Retail Infra under the insolvency resolution processThe Mumbai bench of National Company Law Tribunal has admitted Future Group's Acute Retail Infra Pvt Ltd for Corporate Insolvency Resolutio...
- NCLT admits personal insolvency application against Kishore BiyaniThe admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the g...
- Future Lifestyle resolution hits a bump over forensic auditor's roleThe sale of Future Lifestyle Fashions (FLFL) under the corporate insolvency process has run into a roadblock due to a conflict of interest ...
- Reliance Retail, Jindal (India) make offers to acquire bankrupt Future EnterprisesFuture Enterprises have received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures and GBTL Ltd under the corporate insolv...
- Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditorsFuture Lifestyle Fashions Ltd (FLFL) has said that claims worth Rs 3,477.28 crore from as many as 17 financial creditors have been admitted...
- Future Lifestyle Insolvency: RP receives claims of Rs 2,155.53 crore from financial creditorsFuture Lifestyle Fashions has been hit with a claim of INR2,155.5 crore ($289.4m) by 12 creditors following its default on loans. Furtherin...
- Scrap dealers among six companies to bid for troubled Future RetailAn Adani Group entity, April Moon Retail, and Reliance had initially responded to invitations for expressions of interest (EoI) for the ins...
- Future Lifestyle faces 3 insolvency petitions, NCLT reserves order in oneThree creditors - two financial and one operational - have filed claims totalling around Rs 1,100 crore before the National Company Law Tri...
- Central Bank files a personal insolvency case against BiyanisThe bank has filed a personal insolvency case against promoter Kishore Biyani, his elder brother Vijay Biyani and cousin Sunil Biyani with ...
- Bank of India initiates bankruptcy process against Future's fashion unitPart of debt-ridden Future Group, the fashion retailer, which operates clothing stores under "Central" and "Brand Factory" brands, said is ...
- Bankruptcy court admits Bank of India’s insolvency plea against Future RetailThe bankruptcy court on Wednesday admitted the Bank of India’s petition to admit Future Retail Ltd under the Corporate Insolvency Resolutio...
- NCLT admits Bank of India's insolvency plea against Future RetailThe Mumbai bench of the NCLT has allowed the initiation of insolvency proceedings against Kishore Biyani Group company Future Retail Ltd. I...
- Earnings announcements of Future Retail, Future Lifestyle to be delayedIn the last two months, Future Retail Ltd (FRL), the flagship firm of Kishore Biyani-led Future Group, witnessed several top-level exits af...
- Future Lifestyle plans debt restructure pitchFLFL, promoted by Kishore Biyani's Future Group, was part of the asset-sale deal with Reliance Industries Ltd-owned companies that's been c...
- NCLT allows Future Retail time to file a response to Bank of India’s insolvency pleaFRL has defaulted on payment of Rs 5,322.32 crore to its lenders on account of the ongoing litigations with e-commerce major Amazon and oth...
- After deal with Reliance Retail collapses: Future lenders likely to go for Group insolvencyBank of India, Future Retail's lead lender, filed a petition seeking insolvency proceedings against Kishore Biyani's flagship company at th...
- Future Group to focus on saving, rebuilding Future Lifestyle, Future Supply Chain & Future ConsumerReliance on Saturday called off its Rs 24,713-crore deal to acquire Future Group's retail, wholesale, logistics and warehousing assets, aft...
- Bank of India moves NCLT against Future Retail, files insolvency plea"Bank of India (BoI) has served an advance intimation of filing an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ...
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