It may be recalled that Future Enterprises, which is owned by Kishore Bayani, was admitted for corporate insolvency by the National Company Law Tribunal (NCLT) on February 27.
Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in Committee of Creditors, formed for the debt-ridden Future Group firm
Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors, ET Retail indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Future Lifestyle Fashions Ltd (FLFL) has said that claims worth Rs 3,477.28 crore from as many as 17 financial creditors have been admitted in the ongoing Corporate Insolvency Resolution Process (CIRP). Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm.
Future unit gets claims of Rs 3,649 crore from creditors financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.