Tag: Future Amazon

In 2020, Amazon invoked arbitration after Future Retail announced its asset sale deal with Reliance Industries Ltd wholly-owned subsidiary, Reliance Retail.

New Delhi: The Delhi High Court on Monday stayed the recent single bench order upholding the Singapore Emergency Award (EA) and stalling Future Retail from going ahead with the Rs 24,713 crore deal with Reliance Retail. Chief Justice D.N. Patel and Justice Jasmeet Singh also stayed Rs 20 lakh fine and the show cause notice […]