Future Consumer Limited Update Following NCLT Hearing on Resurgent India Special Situations Fund Case
Future Consumer Limited provided an update regarding the case filed against the company at the NCLT (Mumbai) by Resurgent India Special Situations Fund.The recent hearing saw the company's counsel resume arguments before the tribunal. However, the Hon'ble Tribunal was not inclined to hear the oral arguments and instead directed all concerned parties to submit written submissions detailing their pleadings.
As a result, the Hon'ble Tribunal issued specific directives and timelines. The company was directed to file written submissions within 10 days. Following this, the Financial Creditor was required to submit a response to the company's filings within one week.
The matter has been adjourned to June 8, 2026, for further hearing. The company stated that it will continue to provide updates regarding this matter.
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