Search For "future retail ltd"
SC asks if it can pass orders restraining alienation of FRL's assets
Updated : 3 years, 11 months ago IST
New Delhi [India], April 2 (ANI): The Supreme Court has asked whether it can pass any interim order on a plea of Amazon that Future Retail Ltd's (FRL) assets including Big Bazaar shops not be alienated till the dispute over its merger with Reliance Retail is decided by the arbitral tribun
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Amazon, Future talks have failed, Amazon lawyer to SC
Updated : 4 years ago IST
New Delhi [India], March 15 (ANI): US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway in the mediation proceedings on the assets of Future Retail Ltd (FRL).
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Reliance takes control of around 200 Future Retail stores
Updated : 4 years ago IST
New Delhi [India], February 27 (ANI): Reliance Retail Ltd has taken over the operations of at least 200 stores of Future Retail and has offered jobs to its employees after the Kishore Biyani-led group failed to make lease payments to landlords, sources said on Sunday.
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Future-Reliance Deal: SC allows FRL to approach Delhi HC on NCLT process
Updated : 4 years, 1 month ago IST
New Delhi [India], February 15 (ANI): The Supreme Court on Tuesday allowed Future Retail Ltd. (FRL) to approach the Delhi High Court with its plea to resume National Company Law Tribunal's (NCLT) proceedings regarding approval for its Rs 27,513-crore transaction with Reliance.
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SC seeks banks' response on Future Retail's plea to restrain lenders from
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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Amazon-Future case: SC remands dispute back to HC for fresh consideration
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): In a relief to the Future group, the Supreme Court on Tuesday set aside the previous orders of the Delhi High Court refusing to stay arbitration tribunal decision restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,731 crore merger deal wi
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Future Retail seeks early hearing of appeal in SC against Amazon over merg
Updated : 4 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Future Retail Ltd (FRL) on Friday urged the Supreme Court for an early hearing of its appeal against the Delhi High Court order.
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Amazon-Future-Reliance case: SC holds Emergency Award enforceable in India
Updated : 4 years, 7 months ago IST
New Delhi [India], August 6 (ANI): In a big win for e-commerce giant Amazon, the Supreme Court on Friday ruled the order of a Singapore-based emergency arbitrator (EA) that restrained Future Retail Ltd (FRL) from going ahead with its asset sale deal with Reliance Retail was enforceable in
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SC reserves verdict in Amazon-Future-Reliance case
Updated : 4 years, 8 months ago IST
New Delhi [India], July 29 (ANI): The Supreme Court on Thursday reserved its judgement in the Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd (FRL) from going ahead with its merger deal with Reliance Retail is valid und
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Fitch downgrades Future Retail to restricted default on DDE
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
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Fitch removes positive outlook on Future Retail
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C' while revising the recovery rating to 'RR5' from 'RR4'.
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Future Retail, Future Coupons moves Division Bench of Delhi HC challenging
Updated : 5 years ago IST
New Delhi [India], March 21 (ANI): Future Retail Ltd and Future Coupons Pvt Ltd have moved the Division Bench of Delhi High Court challenging recent order of the single bench that had upheld the Emergency Award passed against the Future-Reliance deal.
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