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Myntra s Big Fashion Festival set to begin on Oct 3; Check out details
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Amidst protests by traders, Reliance says no plan to set up 100 retail stores in Jammu
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SC notice on Amazon plea seeking interim relief on Rs 24,713Cr RIL-Future deal
By IANS |
Published on
Mon, Feb 22 2021 12:48 IST |
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SC notice on Amazon plea seeking interim relief on Rs 24,713Cr RIL-Future deal. Image Source: IANS News
New Delhi, Feb 22 : The Supreme Court on Monday issued notice on a plea by Amazon seeking interim relief challenging a High Court order, which allowed Rs 24,713 crore RIL-Future deal to proceed. The top court also restrained the NCLT from passing final orders on the amalgamation.
A bench headed by Justice R.F. Nariman issued notices to Future Retail and RIL in the matter. The top court noted that proceedings in the NCLT will continue. The top court also observed that it is aware of what is going on and during the hearing pointed at completely staying the NCLT proceedings. But, it only stayed the tribunal from passing any final order regarding sanction of the scheme.
Amazon sought $40 mn to let Future-Reliance deal proceed: Report
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