Sunday, December 22, 2024

CIRP

Lenders backing Kishore Biyani's Future Supply Chain Solutions have been granted a 45-day extension to finalize the corporate insolvency resolution process (CIRP), allowing them to review bids from Reliance Retail Ventures and Tatkal Loan India.On Friday,...
Kishore Biyani, renowned as the "Raja of Retail," is facing the imminent collapse of his once-prosperous retail empire. Future Retail, the flagship company, is teetering on the edge of closure, as recommended by the insolvency professional...

Lenders reject Space Mantra’s bid for Future Retail Ltd; NCLT extends insolvency period by 15 days

The lenders of Future Retail Ltd have rejected Space Mantra's bid for the debt-ridden firm, which is currently undergoing the Corporate Insolvency Resolution Process...

Bankruptcy Court approves Goli Vada Pav for insolvency resolution process

The Mumbai-based quick-service restaurant (QSR) chain, Goli Vada Pav Pvt. Ltd., has been accepted into the corporate insolvency resolution process (CIRP) by a bankruptcy...

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