News > SC allows Future Retail to move HC to seek resumption of NCLT proceedings

SC allows Future Retail to move HC to seek resumption of NCLT proceedings

Business Standard | 15/02/2022 08:00 PM | Click to read full article

The Supreme Court on Tuesday allowed Future Retail to move the Delhi High Court to seek permission for continuation of proceedings before the National Company Law Tribunal (NCLT) regarding the sanction for its Rs 27,513-crore deal with Reliance Retail Ventures Ltd.

It asked the single judge of the high court to consider all the contentions raised by both the parties in this regard and pass appropriate order.