The Delhi High Court has reprimanded the Enforcement Directorate for insisting that Hina Doon, a top Amazon exec, be physically present to answer a summons issued as part of a probe into alleged irregularities into the Future Group deal.
Amazon-Future case: Singapore tribunal begins hearing plea on Reliance Retail deal
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This hearing will continue on Tuesday, while during the next two days, the bench will consider the request to lift the stay, people in the know said.
Agencies
A Singapore arbitration tribunal on Monday began hearing Future Group’s plea to lift the stay on the deal to sell its retail assets to Reliance Retail and exclude its flagship listed company as a party to the dispute with Amazon. The Singapore International Arbitration Centre (SIAC) in October last year had given an emergency award staying the FutureReliance transaction until it decided on Amazon’s challenge to the sale.