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Bank of India initiates insolvency proceedings against Future Retail

A Bench of judicial member Justice PN Deshmukh and technical member SB Vohra issued notice to Future Retail on an application by the bank under Section 7 of IBC.
Future Retail
Future Retail
Neha Joshi

Bank of India has approached the National Company Law Tribunal (NCLT) Mumbai against Kishore Biyani promoted Future Retail Limited for initiation of Corporate Insolvency Resolution Process (CIRP).

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Bank of India
NCLT Mumbai
Future Retail Limited
Insolvency and Bankrupcy Code
Section 7 IBC

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