However, Future Group s flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before NCLT, , future group, kishore biyani
Crisis-hit Future Retail Ltd (FRL) has defaulted on ₹5,300 crore payment to lenders due to ongoing litigations with e-commerce major Amazon, according to an exchange filing.
Get latest articles and stories on Latest News at LatestLY. Debt-ridden Future Enterprises Ltd (FEL) on Friday said it has defaulted on payment of Rs 2,835.65 crore to various banks and lenders. Latest News | Future Enterprises Defaults on Rs 2,835.65 Cr Loan Repayment.