Future Retail s plea for an ad interim injunction against the global e-commerce giant
Amazon.
However, the order also said that prima facie Future Retail s resolution approving the Reliance deal was also valid.
Amazon had sent a legal notice to Future Coupons over Future Group’s ₹25,000 crore deal with Reliance.Reliance Industries agreed to buy Future Group but Amazon objected. The Jeff Bezos-led company already got an order from a Singapore arbitrator stopping the deal between Mukesh Ambani and Kishore Biyani from progressing.
In response, Future Group went to the Delhi High Court seeking it to stop the global e-commerce giant from interfering in the deal between. What the court said in its verdict is a case of “operation successful but patient dead”, said Hitesh Jain, Managing Partner at Parinam Law Associates.