Future Retail Deal: NCLT Reserves Order on Amazon Petition Against BoI's Insolvency Proceedings Plea

Amazon and BoI have presented their arguments in the Future Retail Deal, following which the National Company Law Tribunal (NCLT) has reserved its order on the petition filed by e-retailer opposing the bank's plea to initiate insolvency resolution proceedings against debt-ridden FRL. The tribunal directed the Amazon to submit its written response by Thursday. BoI is t...

Future Retail Deal: NCLT Reserves Order on Amazon Petition Against BoI's Insolvency Proceedings Plea
Amazon and BoI have presented their arguments in the Future Retail Deal, following which the National Company Law Tribunal (NCLT) has reserved its order on the petition filed by e-retailer opposing the bank's plea to initiate insolvency resolution proceedings against debt-ridden FRL. The tribunal directed the Amazon to submit its written response by Thursday. BoI is t...