Open an Account
search icon
4
NOTIFICATIONS
Best Algo trading app in India
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 In furtherance of our previous intimation to stock exchange, kindly note that, pursuant to the approval obtained from the COC Meeting held on July 05, 2023 the resolution professional of Future Retail Limited ("FRL") filled an application before the Hon''able NCLT, Mumbai for exclusion of a period of 33 days from CIRP of FRL. In furtherance of the above, the Hon''ble NCLT on July 17, 2023 heard the application and granted the said exclusion of 33 days from CIRP of FRL. Consequently the last date for completion of CIRP of FRL is August 17, 2023. The aforesaid disclosure, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 is based on the Oral pronouncement made by the Hon''ble NCLT on July 17, 2023. The written order is awaited.
19-07-2023
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 and in accordance with the requirements of sub clause 16(g) of clause A of part A of Schedule III of LODR, we hereby inform you that the 20th Meeting of Committee of Creditors was held on July 13th, 2023. Further, the meeting stand adjourned and the reconvened 20th Meeting of the Committee of Creditors of Future Retail Limited will be held on Friday, July 14th, 2023.
14-07-2023
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 pursuant to regulation 30 of SEBI LODR Regulation, 2015 and in accordance with the requirement of sub clause 16(g) of clause A of part A of schedule III OF LODR, we hereby inform you that the 19th Meting of Committee of Creditor was held on 05th July 2023.
05-07-2023

Market size of India's online retail sector likely to touch $325 bn by 2030

 The country's online retail market size may touch USD 325 billion by 2030 against USD 70 billion in 2022, mainly due to rapid growth of e-commerce in tier-2 and tier-3 cities, according to a Deloitte India report released on Tuesday. It also said that online retail penetration is projected to grow at an extraordinary rate, and it would outpace offline retail by 2.5 times in the next decade. As India ascends to become the world's third-largest consumer market, Deloitte Touche Tohmatsu India LLP's (Deloitte India's) 'Future of Retail' report "foresees the online retail sector, which stood at USD 70 billion in 2022, to surge to USD 325 billion by 2030". The report attributes these projections to the rapid growth of e-commerce in tier-2 and tier-3 cities, which have surpassed tier-1 markets in terms of total orders. In 2022, these cities accounted for over 60 per cent of all orders, with tier-3 cities experiencing a remarkable 65 per cent growth in order volume and tier-2 cities...
27-06-2023
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 We inform you that, pursuant to Section 13(2)(c) of (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the List of Creditors is uploaded on the website of the Company i.e., https://futureretail.in/cirp/claims.html The above disclosure is being made pursuant to the provisions of Regulation 30 read with Clause (16)(e) of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
07-06-2023
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors

 Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (LODR) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of LODR, we hereby inform you that the 18th Meeting of Committee of Creditors was held on 25th May 2023. Kindly take the above information on record.
25-05-2023
Bigul

Future Retail RP files plea with NCLT for avoidance transactions worth over 1,000 crore

 Future Retail came under the bankruptcy court in July last year
24-05-2023
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 In furtherance of the previous intimations to Stock Exchanges under SEBI Listing Regulations, kindly note that the Resolution Professional ("RP') of Future Retail Limited ("Company') has filed following applications before Hon'ble National Company Law Tribunal, Mumbai, against certain persons, to seek avoidance of below-mentioned transactions under the applicable provisions of the Insolvency & Bankruptcy Code 2016 (read with rules and regulations framed thereunder, 'Code'). These applications have been filed pursuant to the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP to assist RP in his duties under the Code
23-05-2023

Future Retail receives six prospective resolution applicants for its assets

 In April, the National Company Law Tribunal had granted an extension of 90 days for conducting the corporate insolvency
17-05-2023
Bigul

Future Retail Ltd - 540064 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Obligations') and in accordance with the requirements of sub-clause 16(i) of Para A of Schedule III of the Listing Obligations, your good office is hereby informed that the undersigned is in receipt of resolution plans/bids from 06 prospective resolution applicants in response to the Request for Resolution Plans dated April 14, 2023 issued in respect of the corporate insolvency resolution process of Future Retails Limited ('Corporate Debtor') in terms of the Insolvency & Bankruptcy Code 2016 read with the rules and regulations framed thereunder, as amended from time to time.
17-05-2023
Next Page
Close

Let's Open Free Demat Account