Amazon-Future row: Singapore's arbitration court forms 3-member panel to pass final verdict
The three-member arbitration panel will be led by Singaporean barrister Michael Hwang, while Albert van den Berg and Jan Paulsson will be the two other members
BusinessToday.In | January 6, 2021 | Updated 21:08 IST
The arbitration proceedings between Amazon and Future could take 6-9 months
Amid ongoing arbitration battle between US-based Amazon and Kishore Biyani-led Future Retail, the Singapore International Arbitration Centre (SIAC) on Tuesday formed a three-member panel to pass its final verdict on Future Group's Rs 24,713 crore deal with Reliance Industries Ltd. Both the parties have reportedly agreed to the names of the three-member arbitration tribunal required for the arbitration process, which is expected to start over the next fortnight.