- 1. NCLT to merge ABFRL into TCNS Clothing ...
- (Apparel)
- 20 August 2024, Mumbai The National Company Law Tribunal (NCLT) has approved the merger of Aditya Birla Fashion and Retail (ABFRL) with TCNS Clothing. The tribunal approved the Scheme of Amalgamation ...
- Created on 20 August 2024
- 2. NCLT to liquidate Future Retail assets ...
- (Apparel)
- 30 July 2024, Mumbai Marking a significant end for the once-prominent Indian retail giant, the Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Future Retail, This ...
- Created on 30 July 2024
- 3. NCLT approves Raymond’s restructuring scheme to maximise shareholder value ...
- (Apparel)
- The National Company Law Tribunal (NCLT) has sanctioned Raymond's restructuring scheme involving the demerger of its lifestyle business and amalgamation of its consumer trading arm. This approval pave ...
- Created on 25 June 2024
- 4. NCLT grants Future Retail insolvency extension ...
- (Retail)
- 17 April 2023, Mumbai The Mumbai bench of the National Company Law Tribunal (NCLT) has granted Future Retail Ltd (FRL) a 90-day extension until July 15, 2023, to complete its insolvency resolution exercise. ...
- Created on 17 April 2023
- 5. NCLT directs bank to start insolvency process for Future Retail ...
- (Brands-To-Retail)
- ... NEWS . NCLT: Adjournes Amazon’s plea ALSO READ FRL: NCLT to continue hearing Amazon's plea The ruling enables Reliance to rebuild Future Retail’s business through an insolvency process monitore ...
- Created on 22 July 2022
- 6. NCLT: Insolvency proceedings initiated against Future Retail ...
- (Trade)
- ... the Mumbai bench of the National Company Law Tribunal (NCLT). The two-judge bench of Pradeep Narhari Deshmukh and Shyam Babu Gautam also said that Vijaykumar V Iyer of Deloitte will be appointed as ...
- Created on 20 July 2022
- 7. NCLT: Adjournes Amazon’s plea ...
- (Retail)
- 17 June 2022, Mumbai: NCLT to hear Amazon’s plea against Future Retail’s insolvency on Monday. The e-commerce giant’s counsel argued that FRL’s lenders had colluded with the company and hence bankruptcy ...
- Created on 17 June 2022
- 8. FRL: NCLT to continue hearing Amazon's plea ...
- (Retail)
- ... the company. ALSO READ Reliance takeover of Future stores, not a breach SIAC ruling, says Delhi HC The National Company Law Tribunal (NCLT) has adjourned till the June 14 hearing of Amazon's petitio ...
- Created on 13 June 2022
- 9. NCLT admits a petition for insolvency plea against NTC ...
- (Textile)
- 28 May 2022, Mumbai: National Textile Corporation defaulted in its payment of dues to an operational creditor, leading to the NCLT admitting the creditor's petition for initiating corporate insolvenc ...
- Created on 28 May 2022
- 10. NCLT, Mumbai allows FRL time to file its response ...
- (Trade)
- 29 April 2022, Mumbai: Bank of India (BOI) notice under IBC. The Mumbai bench of NCLT on Thursday allowed Future Retail Ltd (FRL) time to file its response to a plea filed by the Bank of India under ...
- Created on 29 April 2022
- 11. Scheduled meetings with shareholders are in compliance with NCLT directions: Future Retail ...
- (Trade)
- ... assets to billionaire Mukesh Ambani's Reliance are in compliance with the directions issued by the NCLT. Earlier this week, e-commerce major Amazon, which is contesting the Rs 24,713 crore deal, had terme ...
- Created on 18 April 2022
- 12. Raymond Apparel business transfer approved by NCLT ...
- (Apparel)
- 02 April 2022, Mumbai: The transfer of Raymond Apparel business to parenting company, Raymond, has been approved by the National Company Law Tribunal (NCLT). The Raymond board had approved the demerging ...
- Created on 02 April 2022
- 13. Raymond Apparel biz transfer to parent firm approval: NCLT ...
- (Brands-To-Retail)
- 01 April 2022, Mumbai: The National Company Law Tribunal (NCLT) has approved the scheme of transfer of Raymond Apparel Ltd business to Raymond Ltd. In September 2021, board of Raymond had approved demerging ...
- Created on 01 April 2022
- 14. Sintex Industries: Reliance & ACRE bid filed before NCLT ...
- (Textile)
- 25 March 2022, Mumbai: The joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden Sintex Industries has been moved before the NCLT for its approval after ...
- Created on 25 March 2022
- 15. NCLT allows Future Retail to convene shareholders’ meetings ...
- (Trade)
- 01 March 2022, Mumbai: The National Company Law Tribunal (NCLT) has allowed Future Retail to convene meetings of its shareholders and creditors to approve the sale of its retail assets to Reliance Retail. ...
- Created on 01 March 2022
- 16. Future Group likely to approach NCLT's (National Company Law Tribunal) for approval of shareholders' meeting ...
- (Retail)
- 07 January 2022, Mumbai: The Future Group is likely to approach the National Company Law Tribunal for a shareholders meeting after the Delhi high court on Wednesday stayed proceedings in the ongoing ...
- Created on 07 January 2022
- 17. NCLT puts Future Retail shareholder meeting on hold ...
- (Retail)
- 09 November 2021, Mumbai: The National Company Law Tribunal (NCLT) on Monday temporarily put on hold Future Retail's (FRL's) shareholder meeting for its proposed sale of assets to Reliance Retail aft ...
- Created on 09 November 2021
- 18. Amazon India approaches Supreme Court against NCLT order favoring FRL ...
- (Trade)
- 21th October 2021, Mumbai: Amazon has filed another petition in the Supreme Court to set aside a September order by the National Company Law Tribunal (NCLT) that had allowed Future Retail (FRL) to convene ...
- Created on 21 October 2021
- 19. Reliance allowed by NCLT to seek creditors’ approval for FRL proposed deal ...
- (Update)
- 19th October 2021, Mumbai: NCLT grants permit to Relianceto seeking creditors and shareholders approval for proposed deal with (FRL) Future Group. By granting this important permission clearly, the NCLT ...
- Created on 19 October 2021
- 20. 'NCLT' allows Future Group to seek stakeholders’ approval for Reliance Retail sale ...
- (Retail)
- 30th September 2021, Mumbai: The National Company Law Tribunal (NCLT) has permitted Kishore Biyani-led Future Group to seek approval for the sale of assets to Reliance Retail from creditors and stakeholders. ...
- Created on 30 September 2021
