2021 saw a frenzy in the M&A market as acquirers raced to exploit their cash reserves and low interest rates to leverage key growth opportunities across sectors.
Justice Rajiv Shakdher of the Delhi High Court recused himself from hearing Amazon’s appeal against a single-judge order in its ongoing dispute with Future Retail.
The Supreme Court was told on Tuesday that talks between Amazon and the Future companies had failed, and that Reliance was taking over the assets of the latter.
The focus here is limited to an analysis of recent order passed by Delhi High Court wherein, exercising its Writ Jurisdiction under the Indian Constitution, it stayed further proceedings before the Arbitral Tribunal.