Future Enterprises Ltd - 523574 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
Invitation for Expression of Interest10-06-2023
10-06-2023
Future Enterprises Ltd - 523574 - Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
Notice of the third meeting of the Committee of Creditors (CoC) scheduled to be held on Monday, 22nd May 202321-05-2023
Future Enterprises Ltd - 523574 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
Disclosures under Corporate Insolvency Resolution Process (CIRP)21-05-2023
Future Enterprises Ltd - 523574 - Announcement under Regulation 30 (LODR)-Meeting Updates
Notice of Second meeting of Committee of Creditors (CoC) scheduled to be held on Tuesday, 2nd May 202328-04-2023
NCLT grants 90 days extension to Future Retail for concluding insolvency
Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRL.14-04-2023
Future Retail's creditors seek 90 days extension for concluding insolvency resolution process
The resolution professional of FRL has filed an application before the Mumbai bench of the National Company Law Tribunal (NCLT) 'seeking exclusion of a period of 90 days from CIRP of FRL, and consequent extension from April 16, 2023, to July 15, 2023, for concluding the CIRP of FRL'13-04-2023
Future Enterprises Ltd - 523574 - Announcement under Regulation 30 (LODR)-Meeting Updates
First meeting of the Committee of Creditors has been adjourned and will be held on Tuesday, 11th April, 2023.06-04-2023
Future Enterprises Ltd - 523574 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vistra ITCL (India) Ltd04-04-2023
Future Enterprises Ltd - 523574 - Announcement under Regulation 30 (LODR)-Meeting Updates
Notice of First meeting of Committee of Creditors (CoC) scheduled to be held on Wednesday, 5th April 202302-04-2023
FRL insolvency: Creditors invite fresh bids, divide assets into 5 clusters
The creditors of Future Retail Ltd have now invited new expressions of interest where the prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters" of its assets as it failed to attract a resolution plan in over four months. Despite finalising 11 prospective bidders like Reliance and Adani group' JV April Moon Retail, FRL against which the corporate insolvency resolution process (CIRP) was initiated on July 20, 2022, failed to receive any bids till February 20, 2023 despite two extensions in deadline for submissions. Following this, lenders have decided to divide the assets into clusters to make them more attractive to buyers. "... the last date of receipt of resolution plans was December 15, 2022, which was subsequently extended to January 16, 2023 and thereafter to February 20, 2023. However, no resolution plans were received for FRL by the due date of submission of resolution plans for the Corporate...23-03-2023