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NCLT can issue directions over shareholders' meet on RIL deal, says Future Retail


NCLT can issue directions over shareholders meet on RIL deal, says Future Retail
Earlier in the day, the apex court had allowed the NCLT, Mumbai to continue with the proceedings but asked not to pass a final order on the amalgamation of Future Retail Ltd (FRL) with Reliance Retail
PTI | February 23, 2021 | Updated 11:21 IST
Future Retail Chairperson Kishore Biyani
Future Retail Ltd on Monday said the National Company Law Tribunal (NCLT) can issue directions to convene meetings of shareholders and creditors of applicant companies, including it, to consider the Rs 24,713-crore deal with Reliance Retail following an order by the Supreme Court. ....

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