The Delhi High Court on Tuesday asked Amazon to respond in a complaint led by Kishore Biyani in Future Retail, alleging that the e-commerce specialist is interfering in a transaction with Reliance Retail under an interim order from a Singaporean arbitrator.
Judge Mukta Gupta issued a subpoena to Amazon, Future Coupons and Reliance Retail Inc. regarding future retail litigation and asked them to submit a written statement within 30 days.
The court also stated that the maintainability of the lawsuit filed by Amazon will continue to be made public.
The order was passed after a one-day debate on behalf of Future Retail, Future Coupons, and Reliance, and part of Amazon’s debate.
The argument on behalf of Amazon will continue on Wednesday.
On October 25, the Singapore International Arbitration Centre (SIAC) passed an interim order requiring Amazon to prohibit Future Retail from taking any measures to dispose of or restrict its assets, or issue any securities to obtain any funds from restricted parties.
Subsequently, Amazon wrote to the market regulator SEBI, the Stock Exchange and the Competition Commission of India (CCI), urging them to consider the Singaporean arbitrator’s interim decision because it is a binding order, FRL told the High Court.
Future Retail has urged the High Court to restrict US e-commerce professionals from writing letters to SEBI, CCI and other regulatory agencies on SIAC’s order, saying that it amounts to interfering with the agreement reached with Reliance.
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