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Singapore Arbitration Tribunal dismisses FRL's application seeking termination of proceedings

Future and Amazon have been engaged in a legal tussle after the latter dragged the former into arbitration at the Singapore International Arbitration Centre (SIAC) on October 2020.
Retail Limited National Company Law Tribunal Competition Commission Of India While The National Company Law Appellate Tribunal Nv Holdings Singapore International Arbitration Centre

NCLAT upholds CCI ruling, directs Amazon to pay Rs 200 cr penalty

The National Company Law Appellate Tribunal on Monday upheld the December 2021 order of the Competition Commission of India (CCI) that suspended its earlier order approving Amazons deal with Future Coupons, a Future Group entity, and imposed a ...
New Delhi Confederation Of All India Traders Competition Commission Of India National Company Law Appellate Tribunal On National Company Law Appellate Tribunal Competition Commission

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Russia-Ukraine war: Ukrainians left with one way out of Sievierodonetsk, as fierce fighting rages | World News

The war for control of Ukraine's eastern Donbas area has turned into an epicentre in Sievierodonetsk. Majority of the Sievierodonetsk has been captured by Russian forces, who have destroyed areas of the city in one of the bloodiest assaults since the Kremlin launched its invasion on February 24.
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Source: india.com

NCLAT Asks Amazon to Pay Over Rs200 Crore Penalty Within 45 Days

The National Company Law Appellate Tribunal (NCLAT), on Monday, upheld the December 2021 order of the Competition Commission of India (CCI) that suspended its earlier order approving Amazons deal with Future Coupons, and had imposed a Rs202 crore fine on the e-commerce company for non-disclosure of relevant information. Amazon is asked to pay the fine within 45 days.
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