A Division Bench of the Delhi High Court has stayed arbitration proceedings initiated by Amazon against the Future group in relation to a 2019 investment by Amazon in a Future group company. The High Court, after hearing the parties for over .
Future Retail and its promoters have filed appeals before the division bench of the Delhi High Court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration.
Delhi High Court on Tuesday dismissed Future Group s petitions seeking directions to Arbitral Tribunal to immediately decide its application seeking termination of arbitral proceedings in the Amazon matter.