NEW DELHI: Amazon has moved the Supreme Court challenging the Delhi high court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries.
Amazon, in the petition, sought a stay on the March 22 order of the division bench, terming it illegal , random , inequitable and unfair .
On March 22, a division bench of the Delhi high court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance.
Amazon has now moved the Supreme Court and challenged the March 22 order, requesting a stay till a final outcome of its earlier plea related to the deal.
Amazon moves SC for stay on Delhi HC order till verdict on Future-Reliance deal dispute
Amazon and Future have been locked in a bitter legal tussle after the US ecommerce giant dragged Future Group to arbitration at SIAC in October last year, arguing that the latter had violated their contract by entering into the deal with rival Reliance.
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Amazon has moved the
Supreme Court challenging the Delhi High Court s division bench order that had vacated a stay on
Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries.
Amazon, in the petition, sought a stay on the March 22 order of the division bench, terming it illegal, random, inequitable, and unfair.
Amazon moves SC for stay on Delhi HC order till verdict on Future-Reliance deal dispute india.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india.com Daily Mail and Mail on Sunday newspapers.
Updated Apr 08, 2021 | 20:34 IST
On March 22, a division bench of the Delhi High Court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance. Amazon moves SC for stay on Delhi HC order on Future-Reliance deal | Photo Credit: BCCL
New Delhi: Amazon has moved the Supreme Court challenging the Delhi High Court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries. Amazon, in the petition, sought a stay on the March 22 order of the division bench, terming it illegal , random , inequitable and unfair .
Amazon has moved the Supreme Court challenging the Delhi High Court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries. Amazon, in the petition, sought a stay on the March 22 order of the division bench, terming it illegal , random , inequitable and unfair . On March 22, a division bench of the Delhi High Court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance.
Amazon has now moved the Supreme Court and challenged the March 22 order, requesting a stay till a final outcome of its earlier plea related to the deal.