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Lenders' Insolvency Proceedings Plea Against Future Retail Accepted By Companies' Court
The National Company Law Tribunal (NCLT) admits lenders' plea for initiating insolvency proceedings against Future Retail Ltd and rejects Amazon's objection.
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Amazon Executive Says Bullish On India, Compliant With Laws
Amazon is bullish on the Indian market, and is "absolutely" compliant with laws and regulations in the country, a top company executive said
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Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points
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...
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NCLT To Take Up Amazon's Plea Against Future Group's Insolvency Proceedings On June 10
NCLT will hear Amazon's petition opposing initiation of insolvency resolution proceedings against debt-ridden Future Retail Ltd on June 10
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Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.
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Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy
Amazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group
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Bankruptcy A Reality For Future Retail As Secured Creditors Reject Reliance Deal: Key Highlights
Future Retail Ltd is on course to bankruptcy after its secured creditors rejected the Reliance deal this week. The fate of the company and management is uncertain as the Bank of India initiated insolvency proceedings last week.
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Future Group Lenders Reject Reliance's Retail Assets Deal: Report
Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited
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Despite Amazon's Protest, Future Retail Holds Shareholders' Meet To Approve Sale To Reliance
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
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Bank Of India Initiates Insolvency Proceedings Against Future Retail
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
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Amazon Warns Future Retail Against Holding Shareholders' Meet On Asset Sale To Reliance Retail
Amazon has warned Future Retail Ltd against holding meetings of its shareholders to approve the sale of its retail assets to Reliance Retail
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Supreme Court Orders Arbitration Resumption On Future Retail's Merger With Reliance Retail
Supreme Court has ordered resumption of arbitration before the Singapore International Arbitration Centre over Future's merger with Reliance Retail
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Future Retail, Future Enterprises Default On Rs 8,158 Crore Loan Repayments
Future Retail Limited and Future Enterprises Limited on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore
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Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
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
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Supreme Court To Expedite Hearing On Amazon's Plea On Future Group's Asset Preservation
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
-
Lenders' Insolvency Proceedings Plea Against Future Retail Accepted By Companies' Court
The National Company Law Tribunal (NCLT) admits lenders' plea for initiating insolvency proceedings against Future Retail Ltd and rejects Amazon's objection.
-
Amazon Executive Says Bullish On India, Compliant With Laws
Amazon is bullish on the Indian market, and is "absolutely" compliant with laws and regulations in the country, a top company executive said
-
Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points
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...
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NCLT To Take Up Amazon's Plea Against Future Group's Insolvency Proceedings On June 10
NCLT will hear Amazon's petition opposing initiation of insolvency resolution proceedings against debt-ridden Future Retail Ltd on June 10
-
Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.
-
Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy
Amazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group
-
Bankruptcy A Reality For Future Retail As Secured Creditors Reject Reliance Deal: Key Highlights
Future Retail Ltd is on course to bankruptcy after its secured creditors rejected the Reliance deal this week. The fate of the company and management is uncertain as the Bank of India initiated insolvency proceedings last week.
-
Future Group Lenders Reject Reliance's Retail Assets Deal: Report
Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited
-
Despite Amazon's Protest, Future Retail Holds Shareholders' Meet To Approve Sale To Reliance
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
-
Bank Of India Initiates Insolvency Proceedings Against Future Retail
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
-
Amazon Warns Future Retail Against Holding Shareholders' Meet On Asset Sale To Reliance Retail
Amazon has warned Future Retail Ltd against holding meetings of its shareholders to approve the sale of its retail assets to Reliance Retail
-
Supreme Court Orders Arbitration Resumption On Future Retail's Merger With Reliance Retail
Supreme Court has ordered resumption of arbitration before the Singapore International Arbitration Centre over Future's merger with Reliance Retail
-
Future Retail, Future Enterprises Default On Rs 8,158 Crore Loan Repayments
Future Retail Limited and Future Enterprises Limited on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore
-
Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
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
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Supreme Court To Expedite Hearing On Amazon's Plea On Future Group's Asset Preservation
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
