Legal4 Jun 2026, 03:09 pm
Future Consumer Ltd: NCLT Hearing with SBI Adjourned to June 8
AI Summary
Future Consumer Ltd provided an update on the NCLT hearing concerning the case filed by State Bank of India. The company's counsel highlighted an ongoing arbitration with a JV partner and a pending decision on whether the company qualifies as an NBFC. The NCLT has adjourned the hearing to June 8, 2026, directing the company to file written submissions. The company will continue to provide updates on this matter.
Key Highlights
- NCLT hearing with SBI adjourned to June 8, 2026.
- Company awaits arbitration outcome with JV partner.
- NBFC status determination pending before NCLT.
- Company to file written submissions by next hearing.
Price Impact
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