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NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
- Wednesday July 20, 2022
- Press Trust of India
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
- www.gadgets360.com
-
Amazon Executive Says Bullish On India, Compliant With Laws
- Wednesday June 15, 2022
- Business | Press Trust of India
Amazon is bullish on the Indian market, and is "absolutely" compliant with laws and regulations in the country, a top company executive said
- www.ndtv.com/business
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Future Group Entities' Shares Rise After New Verdict Penalises Amazon
- Monday June 13, 2022
- Business | Edited by Rahul Karunakar
Shares of Future Group companies rose sharply on Monday after the National Company Law Tribunal (NCLT) rejected Amazon.com Inc's appeal against an antitrust suspension of its deal with Future Group, saying the US company concealed information when it sought approval in 2019.
- www.ndtv.com/business
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Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
- Monday June 13, 2022
- Reuters
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
- www.gadgets360.com
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Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points
- Saturday June 11, 2022
- Business | Edited by Rahul Karunakar
The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lend...
- www.ndtv.com/business
-
Future Group Plans To Revamp Supply Chain, Lifestyle Entities
- Monday April 25, 2022
- Business | Press Trust of India
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as - Future Lifestyle Fashions, Future Supply Chain Solutions
- www.ndtv.com/business
-
Bank Of India Initiates Insolvency Proceedings Against Future Retail
- Thursday April 14, 2022
- Business | Press Trust of India
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
- www.ndtv.com/business
-
Amazon Warns Future Retail Against Holding Shareholders' Meet On Asset Sale To Reliance Retail
- Wednesday April 13, 2022
- Business | Press Trust of India
Amazon has warned Future Retail Ltd against holding meetings of its shareholders to approve the sale of its retail assets to Reliance Retail
- www.ndtv.com/business
-
Amazon, Future Agree in Supreme Court to Appear Before Singapore International Arbitration Centre
- Tuesday April 5, 2022
- ANI
Amazon and Future Group agreed before the Supreme Court to resume the arbitration case in Singapore International Arbitration Centre (SIAC) in connection with the merger deal of FRL with Reliance Retail.
- www.gadgets360.com
-
Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
- Tuesday March 22, 2022
- Business | Edited by Animesh Singh
On Tuesday, the Supreme Court said that it would expedite the hearing on Amazon's interim plea seeking preservation of Future Retail Limited's (FRL) assets apart from resumption of arbitration on merger deal with Reliance Retail
- www.ndtv.com/business
-
Supreme Court To Expedite Hearing On Amazon's Plea On Future Group's Asset Preservation
- Tuesday March 22, 2022
- Business | Press Trust of India
Supreme Court has said it would list for hearing "as early as possible" the interim plea of Amazon seeking preservation of Future Retail's assets
- www.ndtv.com/business
-
Amazon's Battle For Retail Supremacy With Reliance, An Explainer: Report
- Tuesday March 8, 2022
- Business | Reuters
For over a year, Amazon and India's Future are locked in a complex legal stand-off that has stalled Future's $3.4 billion sale to rival Reliance.
- www.ndtv.com/business
-
"The Shops Are Gone": How Reliance Stunned Amazon In Battle For Future Retail
- Sunday March 6, 2022
- Business | Reuters
Reliance's takeover began with utmost stealth on the night of February 25 when its staff began arriving at Future stores
- www.ndtv.com/business
-
"Going Through Acute Financial Crisis", Says Future Retail
- Sunday February 27, 2022
- Business | Edited by Animesh Singh
Future Retail Limited has said that it is finding it difficult to fundthe working capital needs as it is going through an acute financial crisis
- www.ndtv.com/business
-
NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
- Wednesday July 20, 2022
- Press Trust of India
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
- www.gadgets360.com
-
Amazon Executive Says Bullish On India, Compliant With Laws
- Wednesday June 15, 2022
- Business | Press Trust of India
Amazon is bullish on the Indian market, and is "absolutely" compliant with laws and regulations in the country, a top company executive said
- www.ndtv.com/business
-
Future Group Entities' Shares Rise After New Verdict Penalises Amazon
- Monday June 13, 2022
- Business | Edited by Rahul Karunakar
Shares of Future Group companies rose sharply on Monday after the National Company Law Tribunal (NCLT) rejected Amazon.com Inc's appeal against an antitrust suspension of its deal with Future Group, saying the US company concealed information when it sought approval in 2019.
- www.ndtv.com/business
-
Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
- Monday June 13, 2022
- Reuters
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
- www.gadgets360.com
-
Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points
- Saturday June 11, 2022
- Business | Edited by Rahul Karunakar
The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lend...
- www.ndtv.com/business
-
Future Group Plans To Revamp Supply Chain, Lifestyle Entities
- Monday April 25, 2022
- Business | Press Trust of India
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as - Future Lifestyle Fashions, Future Supply Chain Solutions
- www.ndtv.com/business
-
Bank Of India Initiates Insolvency Proceedings Against Future Retail
- Thursday April 14, 2022
- Business | Press Trust of India
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
- www.ndtv.com/business
-
Amazon Warns Future Retail Against Holding Shareholders' Meet On Asset Sale To Reliance Retail
- Wednesday April 13, 2022
- Business | Press Trust of India
Amazon has warned Future Retail Ltd against holding meetings of its shareholders to approve the sale of its retail assets to Reliance Retail
- www.ndtv.com/business
-
Amazon, Future Agree in Supreme Court to Appear Before Singapore International Arbitration Centre
- Tuesday April 5, 2022
- ANI
Amazon and Future Group agreed before the Supreme Court to resume the arbitration case in Singapore International Arbitration Centre (SIAC) in connection with the merger deal of FRL with Reliance Retail.
- www.gadgets360.com
-
Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
- Tuesday March 22, 2022
- Business | Edited by Animesh Singh
On Tuesday, the Supreme Court said that it would expedite the hearing on Amazon's interim plea seeking preservation of Future Retail Limited's (FRL) assets apart from resumption of arbitration on merger deal with Reliance Retail
- www.ndtv.com/business
-
Supreme Court To Expedite Hearing On Amazon's Plea On Future Group's Asset Preservation
- Tuesday March 22, 2022
- Business | Press Trust of India
Supreme Court has said it would list for hearing "as early as possible" the interim plea of Amazon seeking preservation of Future Retail's assets
- www.ndtv.com/business
-
Amazon's Battle For Retail Supremacy With Reliance, An Explainer: Report
- Tuesday March 8, 2022
- Business | Reuters
For over a year, Amazon and India's Future are locked in a complex legal stand-off that has stalled Future's $3.4 billion sale to rival Reliance.
- www.ndtv.com/business
-
"The Shops Are Gone": How Reliance Stunned Amazon In Battle For Future Retail
- Sunday March 6, 2022
- Business | Reuters
Reliance's takeover began with utmost stealth on the night of February 25 when its staff began arriving at Future stores
- www.ndtv.com/business
-
"Going Through Acute Financial Crisis", Says Future Retail
- Sunday February 27, 2022
- Business | Edited by Animesh Singh
Future Retail Limited has said that it is finding it difficult to fundthe working capital needs as it is going through an acute financial crisis
- www.ndtv.com/business