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SIAC constitutes panel for final verdict in Amazon-Future case
The panel will decide on whether Kishore Biyani’s Future Group can go ahead with the RIL deal or not. MINTPremium
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Amazon.com NV Investment Holdings LLC and Kishore Biyani-led Future Group are gearing up for the last leg of the proceedings at Singapore International Arbitration Centre (SIAC) over Future Group’s sale of its retail assets to Reliance Industries Ltd (RIL) for ₹25,000 crore. The SIAC formed its panel on Tuesday to pass the final judgment on the case between Amazon and Future.
Two people with direct knowledge of the proceedings at SIAC confirmed the development.