Amazon argued that FRL violated their contract by entering into a deal for the sale of its assets to billionaire Mukesh Ambani's Reliance Retail on a slump sale basis for Rs 24,500 crore.
Amazon and Future group are engaged in multi-forum litigations on the issue of FRL’s merger deal to the tune of Rs 24,500 crore with Reliance Retail.
Delhi HC dismisses Future s plea to end arbitration with Amazon netindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netindia123.com Daily Mail and Mail on Sunday newspapers.
In a setback to the Future Group, the Delhi High Court on Tuesday dismissed its pleas seeking a direction to a Singapore tribunal to deal with its termination application in connection with deal with Amazon.Justice Amit Bansal had reserved the .