RIL seeks NCLT nod for shareholder assembly to approve Future group deal

RIL seeks NCLT nod for shareholder assembly to approve Future group deal

RIL has already prolonged the deadline of closure of the take care of Future in anticip­ation of procedural in addition to delays res­ulting from the authorized battle between Amazon and Future group

Matters

Reliance Industries | NCLT | Future Group


Reliance Industries (RIL) on Wednesday sou­ght permission from the Mumbai bench of the Nationwide Firm Regulation Tribunal (NCLT) to carry a shareholders’ assembly to contemplate and approve the practically Rs 25,000-crore deal signed final yr between its subsidiary Reliance Retail and Future group.


RIL has already prolonged the deadline of closure of the take care of Future in anticip­ation of procedural in addition to delays res­ulting from the authorized battle between Amazon and Future group.


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First Revealed: Thu, Could 20 2021. 02:09 IST


https://www.business-standard.com/article/corporations/ril-seeks-nclt-nod-for-shareholder-meeting-to-approve-future-group-deal-121052000061_1.html