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SC stays proceedings before Delhi HC in Amazon Future case
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AAA The Supreme Court on Monday stayed the ongoing proceedings before the Delhi High Court in the case related to the amalgamation of Future Retail Ltd (FRL) with Reliance Retail.
A Bench of Justices R.F. Nariman, B.R. Gavai and Hrishikesh Roy posted the matter for hearing on May 4 and directed that all pleadings be completed in the matter.
Amazon had moved the apex court on April 8 challenging the Delhi High Court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its ₹24,713 crore asset sale to Reliance Industries.
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