Amazon v Future Group: NCLT orders insolvency process against Future Retail

The Bench of Justice PN Deshmukh and Shyam Babu Gautam (Technical Member) rejected an intervention application filed by Amazon challenging the insolvency proceedings.
Amazon v Future
Amazon v Future

The National Company Law Tribunal (NCLT), Mumbai Bench on Wednesday ordered for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Future Retail, and appointed an Insolvency Resolution Professional (IRP). (Bank of India v. Future Retail Limited)

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