NCLT hearing update - matter reserved for orders

Regulatory & Legal View source PDF Explain this filing

Price reaction

Awaiting price reaction for this filing.

AI summary

Future Consumer updated exchanges on an ongoing NCLT Mumbai case filed by Resurgent India Special Situations Fund. The company argued it is not an NBFC and raised limitation issues against the petition. Both counsels addressed the bench and the matter is now reserved for orders. This continues an earlier disclosure from April 2026.

Likely market impact

Pending NCLT ruling could impact financials if admitted. Outcome hinges on jurisdiction and limitation arguments.