Future Group's Biyani brothers face lenders' ₹800 crore recovery push
Catalyst Trusteeship and Phoenix ARC have approached the court over unpaid loans to two Future Group companies.
The Delhi High Court has requested information on the assets owned by Future Group founders Kishore Biyani and his brother Rakesh Biyani, as lenders pursue nearly ₹800 crore in debts tied to personal guarantees given for loans to group companies. Senior Correspondent Krishna Yadav of Mint reports that the brothers are facing a significant recovery push from creditors.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
