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Indian supermarket-operator Future Retail has approved a debt resolution plan that eases some immediate concerns as a legal battle with partner Amazon.com threatens to delay an asset sale to Reliance Industries.

Future Retail’s board agreed to restructure its secured bank debt and three rupee-denominated bonds. The plan is subject to approval by a committee formed by the central bank and exchanges. Rating company, Fitch Ratings would evaluate the deal after approval from lenders to see if it constitutes a distressed-debt exchange.

Some of the terms of the resolution plan including extending repayment of short-term loans, term loans, bonds, overdue working capital loans (converted into working capital term loans) by a maximum of two years, interest moratorium between March 1, 2020 to Sept. 30, 2021, interest during the period will be converted into funded interest term loan payable by December 2021, All penal interest and charges, default premiums, processing fees unpaid since March last year to implementation date to be fully waived.