INSOLVENCY

The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes in the e-voting process of the Committee of creditors (CoC)New Delhi: The lenders of Future Retail Ltd have rejected...

Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says BiyaniNew Delhi: Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the...

Future group firm Future Supply Chain Solutions Ltd. in a regulatory filing said the Mumbai bench of National Company Law Tribunal has allowed the plea filed by DHL E-commerce (India) Pvt. Ltd., claiming defaultNew Delhi: The National Company Law...

Other entities that have submitted Expression of Interests (EOIs) include Boomidala Enterprises Pvt Ltd., Capri Global Holdings Pvt Ltd, Shalimar Corporation Ltd., Nalwa Steel & Power, United Biotech, WHSmith Travel, and United Biotech Pvt Ltd.New Delhi: Firms run by billionaires...