Synopsis
Last month, the Delhi HC had reserved order on an application by Kishore Biyani led Future Retail Ltd (FRL) seeking to injunct Amazon from interfering in the Rs 24,713 crore Reliance-Future deal on the basis of an interim order passed by the Singapore International Arbitration Centre (SIAC).
The Future Group and Amazon have been locked in a battle after the US-based company took FRL into an emergency arbitration over alleged breach of contract.
The Delhi High Court will give its verdict today on
Future Retail’s petition to restrain Amazon from writing letters to regulators against the retailer’s asset sale deal with Reliance Industries.