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SC Issues Notice To CCI, Future Group On Amazon's Plea Against NCLAT Order - Vimarsana News

SC Issues Notice To CCI, Future Group On Amazon's Plea Against NCLAT Order

The bench issued a notice to the CAIT, which opposed the deal between Amazon and Future Group, in the matter

Source: inc42.com
Future Retail to face insolvency proceedings amid Amazon row — Quartz India - Vimarsana News

Future Retail to face insolvency proceedings amid Amazon row — Quartz India

The NCLT's insolvency order on Future Retail adds to Amazon's woes.

Source: qz.com
Amazon moves SC against NCLAT in Future case - Vimarsana News

Amazon moves SC against NCLAT in Future case

E-commerce major Amazon has moved Supreme Court against an order of the NCLAT, which upheld fair trade regulator CCI’s decision to suspend its approval for investment in a Future Group company.

Amazon moves SC against NCLAT upholding CCI order in Future group investment case - Vimarsana News

Amazon moves SC against NCLAT upholding CCI order in Future group investment case

In its petition, a copy of which has been seen by PTI, the e-commerce major has said the NCLAT order has several glaring defects and suffers from a total non-application of mind by the appellate tribunal.

Future Retail saga: NCLT admits Bank of India's petition to initiate insolvency proceedings - Vimarsana News

Future Retail saga: NCLT admits Bank of India's petition to initiate insolvency proceedings

The bench also dismissed Amazon's intervention application. This means that FRL can now face insolvency proceedings.