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Insider trading case: Future Group s Kishore Biyani moves SAT against Sebi ban Sebi had banned Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Limited (FCRL) from accessing the securities market for a period of 1 year BusinessToday.In | February 6, 2021 | Updated 19:44 IST Kishore Biyani moves SAT against Sebi order Future Group s Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Limited (FCRL) have moved the Securities Appellate Tribunal (SAT) against the Sebi order that barred them from the securities market. Markets regulator Securities and Exchange Board of India (Sebi) on February 3 banned the Biyani bothers and FCRL from accessing the securities market for a period of 1 year. The regulator had also restrained Biyani from buying, selling or dealing in the securities of Future Retail Limited (FRL), directly or indirectly, in any manner whatsoever, for a period of 2 years. They were also asked to jointly and seve ....
RIL-FRL deal: Delhi HC asks if Amazon, Future ready to resolve issues Court was hearing a plea filed by Amazon seeking directions to order enforcement of award by Singapore s Emergency Arbitrator, which restrained Future Group from signing a deal with Reliance Retail BusinessToday.In | February 2, 2021 | Updated 13:32 IST Amazon CEO Jeff Bezos and Future Group promoter Kishore Biyani The Delhi High Court has asked both US e-commerce giant Amazon and Kishore Biyani-led Future Retail Ltd (FRL) if they are open to resolving their issues with regard to the Rs 24,713 crore deal between Reliance Retail and Future Retail. Both companies, via their counsel, have said they will inform the court on February 2. ....
The Singapore International Arbitration Centre (SIAC) had said in November last year that the Future-Reliance transaction should be put on hold until it gave a final ruling on the plea filed by Amazon. ....