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FRL-Reliance deal: Future Retail, promoters approach Delhi high court against SIAC order : Rashtra News #FRLReliance #deal #Future #Retail #promoters #approach #Delhi #high #court #SIAC #order In August 2020, the Future group had announced a Rs 24,713-crore deal for the sale of the retail and wholesale business and the logistics and warehousing segment to Reliance […]

Future Retail Limited and its promoters have approached the Delhi High Court against the orders passed by the SIAC related to Future-Reliance deal

In a new development in the Future Retail and Amazon legal battle, Future has moved the Delhi High Court seeking a direction to declare the ongoing arbitration proceedings by a Singapore panel with Amazon as illegal. In December last year, the ...

Future Retail has written to the Delhi HC asking it to clear the arbitration as illegal since Amazon has no grounds to object to its deal.

Future Retail has missed the due date for payment of Rs 3,494.56 crore to banks and lenders.