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The Supreme Court on Monday stayed further proceedings before single judge and Division Bench of Delhi High Court in Amazon-Future-Reliance case.
A bench comprising Justices RF Nariman, BR Gavai and Hrishikesh Roy passed the order in an special leave petition filed by
Amazon.Com NV Investment Holdings LLC. The matter will anyway end up here. Why don t we finish hearing , Justice Nariman said at the outset when the matter was taken.
The SC-bench said that it will stay the proceedings in the High Court and will hear the matter. The matter will be listed on May 4. Parties have been directed to complete their pleadings by then.
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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.