NCLT admits insolvency plea against Future Supply Chain Solution
"NCLT has pronounced its Order today i.E. January 05, 2023, allowing the admission of the said petition of DHL E-commerce (India) Private Limited on for default of outstanding amount payable to operational creditor," the regulatory filing said. DHL Ecommerce has filed the plea as an operational creditor under the Insolvency & Bankruptcy Code (IBC).
Earlier on Friday, Future Lifestyle Fashions Ltd in a regulatory update also informed BSE that it is facing three petitions before the Mumbai bench of NCLT.