November 23, 2024 05:47 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
Supreme Court to hear Future's NPA plea on Monday
Future Group

Supreme Court to hear Future's NPA plea on Monday

| @indiablooms | 27 Jan 2022, 01:42 pm

New Delhi/UNI: The Supreme Court on Thursday agreed to hear on Jan 31 an urgent plea moved by business conglomerate, Future Group, seeking direction to restrain lenders from declaring the company a Non-Performing Asset (NPA), in connection with a default of around Rs 3,500 crore.

A bench headed by Chief Justice NV Ramana said: "It appears that we will have to create a special bench for you people."

The CJI also said the bench will also have to hear the other party in the case.

Former Attorney General Mukul Rohatgi appearing for the business house mentioned the matter for urgent hearing.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.