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UNIWORTH TEXTILES
Central Bank of India nears deal for FEL's insurance stakesFuture Enterprises, undergoing insolvency proceedings, saw Central Bank of India emerge as the frontrunner to acquire its 25% and 33% stake...- Future Enterprises' creditors scrap simultaneous vote for its assetsCreditors had divided FEL's assets into three clusters - insurance, textile businesses, and other residual stakes including its investments...
- Future Enterprises gets bids for manufacturing units, insurance bizLenders had offered different parts of the company for sale after the initial attempt to sell the whole company failed to get substantial b...
- Central Bank, 10 others file bids for Future Enterprises assetsLenders had divided the company's assets into three clusters - the company's stakes in insurance ventures, textile businesses and other res...
- NCLAT sets aside NCLT order rejecting insolvency plea against Uniworth TextilesA two-member NCLAT bench comprising justices Rakesh Kumar Jain and Naresh Salecha said the NCLT had erred in rejecting the application file...
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