Amazon urges NCLT not to permit any Future Group’s shareholders meeting
Wed, Feb 17, 2021 10:32 PM

Amazon urges NCLT not to permit any Future Group’s shareholders meeting

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Amazon applied to the National Company Law Tribunal (NCLT) not to allow convening of any meeting of Future Group's shareholders or creditors for approval of its proposed Rs 24,713 crore deal with Reliance Industries. The NCLT has reserved the order over the scheme of arrangement that entails the consolidation of Future Group’s retail and wholesale business and transferring it to RIL.

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