NCLAT issues notices to CCI, Future Coupons over Amazon's plea
The two-member bench comprising Justices M Venugopal and V P Singh has also asked Amazon to file a convenient compilation of the voluminous petition.
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The two-member bench comprising Justices M Venugopal and V P Singh has also asked Amazon to file a convenient compilation of the voluminous petition.
Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyani's company But Future group says Amazon failed to provide any help to debt-laden company that suffered a massive setback during COVID-induced lockdown. Amazon, on the other hand, says there were ongoing discussions on multiple options with partners and with the promoters of Future BusinessToday.In | March 3, 2021 | Updated 13:03 IST Amazon on February 12 moved the Supreme Court (SC) in a bid to block the deal Even as Amazon Inc and Kishore Biyani's Future Retail are at loggerheads over the RIL-FRL deal, there was...
Amazon demanded $40 million to forego its right of first refusal: Future Group Kishore Biyani-led homegrown retailer claimed in a submission to the emergency arbitrator that Abhijeet Mazumdar, head of corporate development and private investments at Amazon made a verbal offer to Future Group promoter on behalf of the e-tailer BusinessToday.In | February 15, 2021 | Updated 13:28 IST Future Retail that has locked horns with Amazon over its deal with Mukesh Ambani-led RIL said that the US giant asked $40 million to forego its 'right of first refusal' to buy Future Group's assets in its retail u...