Reliance, Adani among 55 prospective bidders in race for Future Retail
The bankrupt retailer failed to attract resolution plans in previous attempts
The bankrupt retailer failed to attract resolution plans in previous attempts
The potential bidders include Reliance Retail Ventures, an Adani joint venture and WH Smith Travel.
NCLT has appointed Vijaykumar V Iyer of Deloitte India Insolvency Professionals LLP as the interim resolution professional for the insolvency proceedings against Future Retail.