The resolution professional of debt-ridden Future Retail Ltd has approached the National Company Law Tribunal, seeking a further extension ...

Future Enterprises have received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures and GBTL Ltd under the corporate insolv...

Space Mantra's offer of ₹550 crore, however, is less than 3% of the total outstanding dues of ₹19,200 crore of financial creditors and is a...

The CIRP was initiated against FRL by NCLT on July 20, 2022, following loan default. The Insolvency and Bankruptcy Code (IBC) time frame fo...

The company's resolution professional also requested the bankruptcy court to exclude 90 days from the company’s corporate insolvency resolu...

Biyani's flagship company Future Retail, which operates large-format hypermarkets, is undergoing insolvency proceedings since last July; it...

Prospective resolution applicants (PRAs) have been directed to submit their bids for FRL by November 3, following which a final list of PRA...

Part of debt-ridden Future Group, the fashion retailer, which operates clothing stores under "Central" and "Brand Factory" brands, said is ...

"The Company has received e-filing confirmation from NCLT with respect to the filing of an application by an Operational Creditor Retail De...

"With the initiation of the CIRP (Corporate Insolvency Resolution Process) in FRL, the company would be required to quantify its receivable...

After hearing the arguments of Rajiv Nayar, counsel of the e-commerce giant, the NCLT Mumbai bench said it will continue the hearing of the...

During the hearing on Thursday, FRL's counsel Shyam Kapadia sought more time for filing the reply on the insolvency petition due to difficu...

The Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal. There is an exodus...

FRL 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...

Reliance on Saturday called off its Rs 24,713-crore deal to acquire Future Group's retail, wholesale, logistics and warehousing assets, aft...

The move comes within a week of CSB Bank, owned by billionaire Prem Watsa's Fairfax Group, approaching the Debt Recovery Tribunal (DRT) to ...

As part of its Covid relief measures, the government had issued on June 25 a notification to suspend insolvency proceedings by six months. ...