Amazon-Future Retail dispute: Delhi HC suggests resolving the differences amicably
February 01, 2021
× The Delhi High Court has suggested that Amazon and Future Retail should attempt to resolve their differences amicably.
Senior Counsel, Gopal Subramanium, who is appearing on behalf of the American eCommerce leader, said, “We never shut the door. Attempts were always being made from our end. We were ready to negotiate. At the moment, I do not have instructions on the same, however, I believe, nothing tangible came out of them.”
The Court then said that it could refer the matter to two retired judges of the Supreme Court.
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Future Group tells Delhi HC it will collapse if RIL deal falls through
Amazon has sought to restrain Future Group from taking any steps to transfer or dispose Future Retail s assets or shares held in the company by Kishore Biyani, founder of the Group.
BusinessToday.In | January 30, 2021 | Updated 21:15 IST
Amazon is seeking enforcement of emergency award passed by Singapore International Arbitration Centre (SIAC) in its favour.
Future Group on Friday told Delhi High Court that it will collapse if its over Rs 24,000 crore deal with Reliance Industries does not go through.
The single-judge bench of Justice J R Midha was hearing e-commerce giant Amazon s plea seeking enforcement of emergency award passed by Singapore International Arbitration Centre (SIAC), restraining Future Group from selling its retail assets to Reliance Industries Ltd (RIL). Amazon has also sought to restrain Future Group from taking any steps to transfer or dispose Future Retail s assets or shares held in
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