On Monday, the Supreme Court asked Future Retail and other companies to respond to Amazon’s objection to the Delhi High Court’s request to maintain the status quo of the Future-Reliance transaction.
The bench composed of Justices RF Nariman and BR Gavai notified Future Retail, Chairman Kishore Biyani and others, and sought their answers.
The Supreme Court said that litigation in the national company law court will continue, but will not ultimately lead to any final order for Reliance to merge future retail.
In an announcement different from Future Retail and other companies, the judge said that the response to Amazon’s appeal will be filed within three weeks and rejoined in two weeks, while Amazon’s appeal will be listed for hearing in five weeks. News.
Last month, Amazon filed a lawsuit in the Delhi High Court, requiring the Singapore International Arbitration Centre (SIAC) to execute an emergency arbitrator (EA) interim order that restricted Future Retail from continuing to conduct transactions with Reliance.
In the interim order on February 8, the judge of the department stated that it would retain a single judge order, because first, Future Retail is not a party to the stock subscription agreement (SSA) between Amazon and Future Coupons, while the US e-commerce giant Nor is it one of the parties to the transaction between retail and Reliance Retail in the future.
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