Future Retail to BSE, NSE: Singapore arbitrator has no legality here; don’t heed order on Reliance deal

Future Retail to BSE, NSE: Singapore arbitrator has no legality here; don’t heed order on Reliance deal

Future Retail said that it is “undergoing serious financial difficulties, particularly in light of the unprecedented impact of the Covid pandemic while the proposed scheme is the only way, it can come out of the situation.” It said that any delay in the implementation of the scheme will cause irreparable losses to all stakeholders.
Check the source here –Source, Financial Express.

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