Legally Bharat

SpaceMantra pulls out resolution plan for Future Lifestyle, Legal News, ET LegalWorld

SpaceMantra, the winning bidder to take over Kishore Biyani’s retail brand outlet Future Lifestyle Fashions (FLFL), has withdrawn its resolution plan for the company days before lenders overwhelmingly voted for it, putting creditors of the debt-laden company in a quandary. SpaceMantra, promoted by former NBCC chairman Anoop Kumar Mittal, along with two individuals, Sandeep Gupta […]