
In his emotional farewell, Biyani, who was associated with Future Retail Ltd (FRL) since 2007 when it was incorporated, said…
The Delhi High Court had recently reserved its verdict on a batch of pleas on the ongoing legal tussle between…
The high court said it will be inappropriate for it to interfere with the interlocutory orders.
Amazon had acquired a 49% stake in FCPL in 2019 which was approved by CCI but later on a complaint…
The company will have to hold its AGM on or before December 31, 2022. Accordingly, the AGM would be held…
The due date for payment was September 20, 2022, said a regulatory filing from FEL.
On July 26, FSCL’s board had approved the sale of certain assets, which was subject to approvals from shareholders and…
The Future group firm has received a letter from the Registrar of Companies – Mumbai, Maharashtra, on Thursday
A copy of the petition filed before the NCLT, under Section 7 of the Insolvency and Bankruptcy Code, has been…
The latest petition is filed against Future Enterprises by Retail Detailz India, claiming default of Rs 4.02 crore before the…
The audit is with respect to consolidated financial statements and account books of FRL and some other entities for the…
The audit will be “with respect to the related party transactions with FRL during the above review period”, said the…
“It is obvious that the letter from FRL’s independent directors was issued with the sole motive to obfuscate issues that…
Prior to this on June 22, the company said it defaulted on an interest payment of Rs 85.71 lakh, and…
This is the latest in a series of defaults on NCD interest payment by the company
The debentures are secured and have a coupon rate of 10.25 per cent per annum.
The interest payment was due for 182 days between December 20, 2021 and June 20, 2022, for a principal amount…
The proposed IRP – Deloitte – is also an auditor for certain other Future Group companies, and hence a new…
FRL had also entered into an agreement dated April 26, 2021, to monetise small-format stores for Rs 3,000 crore. Even…
The company is unable to service its obligations in respect of the interest on NCDs due on June 6, 2022.
In 2020, Future Group entered into a deal with Reliance Retail, a subsidiary of Reliance Industries (RIL), to sell its…
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