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The Times of India
The Times of India
Business
TNN

Creditors file Rs 21,000 crore claim against Future Retail

Future Retail Future Group Reliance Reliance Group Amazon Mumbai

MUMBAI: Financial creditors to Future Retail have put in claims for Rs 21,058 crore, while operational creditors have sought another Rs 265 crore. Besides these, there are employee dues of Rs 9.8 crore and Rs 1.1 crore claims from other creditors.

Bank of India had initiated bankruptcy proceedings against Future Retail following the company's failure to repay creditors after lenders rejected a restructuring proposal where Reliance Group would take over the retail giant.

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