FRL was dragged into insolvency proceedings by its lender Bank of India after it defaulted on loans....

Reliance says merger with ‘cannot be implemented’ after Kishore Biyani's secured creditors scupper deal...

The pact collapsed after it fell short of the 75 per cent threshold for approval from secured creditors though shareholders and the unsecured creditors had given assent...

With secured creditors voting against the proposal, FRL may now be staring at bankruptcy proceedings...

The meeting of the shareholders and creditors of FRL have been convened in accordance with the February 29 order of National Company Law Tribunal...

Creditors are exploring the option to tap the debt recovery tribunal to get back over Rs 14,000 crore...

As part of the deal, the firm is the transferee company to Reliance Retail...

The Biyani firm has denied that it had been involved in a conspiracy with the Ambanis to transfer assets of the loss-making Future...

Bank of India warns public against dealing with FRL assets...

Amazon, which is contesting the transaction between Kishore Biyani and Reliance, had moved the tribunal against the meetings...