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Reliance-Future Retail deal: SC rules in favour of Amazon, says emergency award is enforceable
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In Huge Battle With Reliance, Amazon s Big Win In Supreme Court Today
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Following a bitter legal battle, Amazon finally achieves the big SC win Twitter floods with responses
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Future Group cos months away from bankruptcy
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SC stays proceedings before Delhi HC in Amazon-Future case FE Bureau © Provided by The Financial Express On Monday, while staying the proceedings in the HC, a bench led by Justice RF Nariman fixed May 4 for hearing in the matter and asked all the parties to complete the pleadings.
The Supreme Court on Monday stayed all proceedings before the Delhi High Court related to the enforcement of the Singapore Emergency Arbitrator s interim award restraining the `24,713-crore deal between Future Retail and Reliance Retail.
The matter was being heard by a single judge as well as a division bench of the Delhi High Court. After the orders of the single-judge bench were stayed by the division bench, Amazon, which is opposing the deal, had moved the SC.