Nine companies related to Future Retail have claimed more than ₹2,100 crore as operational dues from the debt-laden firm, forming almost a quarter of all operational dues under its insolvency resolution, documents showed.
These include Future Consumer, Future Enterprises, Future Specialty Retail and Future Supply Chain Solutions. The retail chain has been under insolvency resolution for about 10 months and has received claims of ₹9,306 crore from operational creditors. Under the Insolvency and Bankruptcy Code (IBC), operational creditors are entities with dues against goods or services they have supplied to a company.
Some of the other related companies that have submitted claims are Aadhaar Wholesale Trading and Distribution, Apollo Design Apparel Parks, and Bloom Foods and Beverages.
Future Retail was referred to the insolvency tribunal last April following the collapse of a buyout deal with billionaire Mukesh
Diese Geschichte stammt aus der May 17, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der May 17, 2023-Ausgabe von Mint Mumbai.
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