NCLT allows Reliance Retail’s shareholders to hold meetings for Future deal

The National Company Law Tribunal (NCLT) allowed Reliance Retail Ventures Ltd (RRVL) and Reliance Retail & Fashion Lifestyles Ltd (RRFLL) to hold extraordinary general meetings (EGMs) of their shareholders and creditors to acquire Future Group’s businesses. The NCLT said the objections raised by American retail giant Amazon were premature and could be dealt with later. On September 28, the NCLT