Future Consumer Limited Provides Update on NCLT Hearing Regarding SBI Case

Future Consumer Limited Provides Update on NCLT Hearing Regarding SBI Case

Future Consumer Limited Provides Update on NCLT Hearing Regarding SBI Case​

Future Consumer Limited announced on March 24, 2026, an update concerning the National Company Law Tribunal (NCLT) hearing initiated by State Bank of India (SBI). This follows a previous disclosure dated February 16, 2026, regarding the case filed at NCLT (Mumbai) by SBI against the company.

During the hearing, counsel representing Future Consumer Limited informed the NCLT bench that SBI revised its claim and interest component in response to objections regarding the computation of the claim. SBI is amending Form-1 of its petition to reflect this revision.

The NCLT granted SBI two weeks to file an amended Form-1 via affidavit and subsequently provided one week for Future Consumer Limited to submit a reply to the amended form.

The hearing has been adjourned to April 23, 2026, and Future Consumer Limited will continue to provide updates on the matter.

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