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Future Retail Ltd. is a party to the dispute which arose from the agreement between Future Coupons Pvt. Ltd. and Amazon.com NV Investment Holdings LLC, a Singapore arbitration tribunal has ruled.
The development was confirmed to BloombergQuint by two people in the know.
On 16 September 2021, the Court of Arbitration for Sport (CAS) handed down its Award in CAS 2021/A/7579 & 7580, dismissing the appeals of the World Anti-Doping Agency (WADA) and Sport Integrity Austr
Amazon-Future row: Singapore s arbitration court forms 3-member panel to pass final verdict
The three-member arbitration panel will be led by Singaporean barrister Michael Hwang, while Albert van den Berg and Jan Paulsson will be the two other members
BusinessToday.In | January 6, 2021 | Updated 21:08 IST
The arbitration proceedings between Amazon and Future could take 6-9 months
Amid ongoing arbitration battle between US-based Amazon and Kishore Biyani-led Future Retail, the Singapore International Arbitration Centre (SIAC) on Tuesday formed a three-member panel to pass its final verdict on Future Group s Rs 24,713 crore deal with Reliance Industries Ltd. Both the parties have reportedly agreed to the names of the three-member arbitration tribunal required for the arbitration process, which is expected to start over the next fortnight.