StockWatch
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Diversified Retail
Legal17 Apr 2026, 01:04 pm

Future Consumer NCLT hearing adjourned to June 8, parties to file submissions

AI Summary

Future Consumer Ltd. provided an update on the NCLT hearing regarding the case filed by Resurgent India Special Situations Fund. The Tribunal directed both parties to file written submissions instead of hearing further oral arguments. Future Consumer is required to submit its written arguments within 10 days, and the Financial Creditor must respond within one week thereafter. The next hearing is scheduled for June 8, 2026, and the company will continue to provide updates on the matter.

Key Highlights

  • NCLT hearing for Future Consumer vs. Resurgent India Fund updated.
  • Tribunal directed parties to file written submissions.
  • Company to submit within 10 days, creditor to respond in 1 week.
  • Next hearing scheduled for June 8, 2026.