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Amazon Moves Supreme Court Challenging CCI's Decision To Revoke Approval For Deal With Future Coupons
2 years, 3 months ago

Amazon Moves Supreme Court Challenging CCI's Decision To Revoke Approval For Deal With Future Coupons

Live Law  

Amazon.com NV Investment Holdings LLC has approached the Supreme Court assailing the order of the National Company Law Appellate Tribunal, which rejected Amazon's plea challenging thedecision of Competition Commission of India to keep the approval granted to the e-commerce giant's deal with Future Coupons in abeyance. FCPL filed an application before the CCI under Sections 43A, 44 and 45 of …

Future Amazon Competition Order Tribunal Notice Deal
NCLAT Upholds Imposition Of Rs. 200 Crores Penalty On Amazon By CCI As "Fair And Sensible"
2 years, 6 months ago

NCLAT Upholds Imposition Of Rs. 200 Crores Penalty On Amazon By CCI As "Fair And Sensible"

Live Law  

The National Company Law Appellate Tribunal, New Delhi Bench, comprising of Justice M. Venugopal and Shri Ashok Kumar Mishra, while adjudicating an appeal in Amazon.com NV Investment Holdings LLC v Competition Commission of India & Ors., has upheld the order dated 17.12.2021 passed by the Competition Commission of India whereby Amazon was directed to pay Rs. Prior to, and immediately …

Penalty Amazon Competition Order Tribunal Notice Commission
Sufficiency Of Stamp Duty On Agreement And Nature Of Contract Cannot Be Adjudicated By Court Under Section 11 Of A&C Act: Delhi High Court
2 years, 8 months ago

Sufficiency Of Stamp Duty On Agreement And Nature Of Contract Cannot Be Adjudicated By Court Under Section 11 Of A&C Act: Delhi High Court

Live Law  

The Delhi High Court has ruled that the Court cannot adjudicate on the issue whether the claims made by the petitioner are barred by limitation while dealing with a petition filed under Section 11 of the Arbitration and Conciliation Act, 1996 for referring the parties to arbitration. PDL invoked the Arbitration Clause and filed a petition before the Delhi High …

Contract Delhi Arbitration Court Delhi High Court Agreement Held
Supreme Court Weekly Roundup [January 31- February 6]
2 years, 10 months ago

Supreme Court Weekly Roundup [January 31- February 6]

Live Law  

Judgements This Week 1. Section 482 CrPC- Jurisdiction To Quash Can Be Exercised Only If No Offense Is Made Out On Reading The Allegations In FIR As They Stand: Supreme Court Case name: Veena Mittal vs State of Uttar Pradesh|CrA 122 of 2022 Citation: 2022 LiveLaw 110 The Supreme Court bench of Justices DY Chandrachud and Dinesh Maheshwari has reiterated …

India Madhya Pradesh High Court Justice Kerala Mumbai Supreme Court Future
Banks act against Future Retail for missing payments
2 years, 10 months ago

Banks act against Future Retail for missing payments

The Hindu  

Lenders to Future Retail have started classifying loans to the firm as a ‘non-performing asset’ after the retailer missed payments to the banks, they told the Supreme Court in a filing. Citing its dispute with Amazon, FRL last month challenged its lenders in the top court to avoid facing insolvency proceedings or being classified as a defaulter, after it missed …

Retail Frl Certain Payments
SC stays proceedings in Future Group, Amazon dispute
3 years, 3 months ago

SC stays proceedings in Future Group, Amazon dispute

The Hindu  

The Supreme Court on Thursday stayed proceedings in the dispute between Future Group and e-commerce giant Amazon over a nearly ₹25,000-crore merger deal with Reliance Retail, taking into consideration the “balance of interests of both parties”. The stay order and subsequent freeze on any action by statutory authorities for the next four weeks comes as a relief for the Future …

India Retail Future Emergency Court Amazon Order
Supreme Court backs Amazon plea against Future-Reliance merger plan
3 years, 4 months ago

Supreme Court backs Amazon plea against Future-Reliance merger plan

The Hindu  

The Supreme Court on Friday ruled in favour of e-commerce giant Amazon against the proposed ₹24,713-crore merger deal between Future Retail Limited and Reliance Retail. Justice Nariman recorded that the Mukesh Dhirubhai Ambani Group, which owns Reliance Retail, was among the “restricted persons” or “prohibited entities” with whom FRL, Future Coupons Private Limited and the Biyanis could not “deal”. The …

Retail Supreme Court Arbitration Court Order Judge Nariman
Supreme Court Rules In Favour Of Amazon In Case Against Future Retail.
3 years, 4 months ago

Supreme Court Rules In Favour Of Amazon In Case Against Future Retail.

Live Law  

The Supreme Court on Friday ruled in favour of e-commerce giant Amazon in its dispute with Future Retail Limited over the latter's merger deal with Reliance group. "We declare that full party autonomy is given by the Arbitration Act to have a dispute decided in accordance with institutional rules which can include Emergency Arbitrators delivering interim orders, described as "awards". …

Singapore Retail Supreme Court Arbitration Future Emergency Amazon
Future Group Agreed To Emergency Arbitration, Amazon Argues; Supreme Court Reserves Judgment
3 years, 4 months ago

Future Group Agreed To Emergency Arbitration, Amazon Argues; Supreme Court Reserves Judgment

Live Law  

Amazon on Thursday told the Supreme Court that the Division Bench of the Delhi High Court erred in staying the order of the Single Judge for enforcement of the Emergency Arbitrator's interim injunction against the transaction relating to the transfer of Future Retail's retails assets to Mukesh Dhirubhai Ambani Group.The bench of Justices Rohinton Nariman and B. R. Gavai was …

Supreme Court Arbitration Future Emergency Court Amazon Order
Is Emergency Arbitration Award Enforceable Under Indian Law? Amazon, Future Retail Argue In Supreme Court
3 years, 4 months ago

Is Emergency Arbitration Award Enforceable Under Indian Law? Amazon, Future Retail Argue In Supreme Court

Live Law  

"How do you get over the specific words 'and from no others' in section 37, Arbitration Act? Mr. Subramaniam relied on the theory of limited fiction as regards the applicability of the CPC to the orders under the Act- "If at all the orders of arbitral tribunals are to be efficacious, then only for the limited purpose of enforcement or …

Law Supreme Court Arbitration Emergency Court Order Tribunal
Emergency Award Is Not An Order Under Section 17 Of Arbitration Act : Future Retail In Supreme Court
3 years, 5 months ago

Emergency Award Is Not An Order Under Section 17 Of Arbitration Act : Future Retail In Supreme Court

Live Law  

Responding to Amazon's arguments, Senior Advocate Harish Salve made submissions on behalf of Future Retail Ltd in the dispute over the Emergency Arbitration Award passed by a Singapore Tribunal halting the FRL's deal with Reliance.Salve rebutted the argument of Amazon that the appeal filed by FRL before the division bench of the Delhi High Court was not maintainable. Responding to …

Supreme Court Arbitration Future Emergency Order High Act
Future Retail's Appeal Against Emergency Award Not Maintainable, Amazon Argues In Supreme Court
3 years, 5 months ago

Future Retail's Appeal Against Emergency Award Not Maintainable, Amazon Argues In Supreme Court

Live Law  

"Award delivered by the Emergency Arbitrator is valid, and Future Retail Ltd.'s interference is uncalled for", submitted Senior Advocate Gopal Subramanian, appearing for Amazon.com NV Investment Holdings LLC, to the Supreme Court in the appeal filed by Amazon pertaining to the Reliance-Future deal. A Bench headed by Justice Rohinton F. Nariman was hearing Amazon's challenge to an order dated March …

Supreme Court Appeal Future Emergency Court Amazon Order
Delhi High Court Upholds Emergency Award Passed In Favour Of Amazon Against Future-Reliance Deal, Imposes Rs 20 Lakhs Cost On Future
3 years, 9 months ago

Delhi High Court Upholds Emergency Award Passed In Favour Of Amazon Against Future-Reliance Deal, Imposes Rs 20 Lakhs Cost On Future

Live Law  

The Delhi High Court on Thursday allowed the application field by Amazon to enforce the emergency award against the Future-Reliance deal.The High Court held that the emergency arbitrator is an arbitrator for all the intents and purposes under Section 17 of Arbitration and Conciliation Act and an order passed by such an emergency arbitrator is enforceable under sec. The Delhi …

Future Emergency Court Civil Procedure Order High Group
Supreme Court to hear Amazon’s plea to stall Future-Reliance deal today
3 years, 10 months ago

Supreme Court to hear Amazon’s plea to stall Future-Reliance deal today

Hindustan Times  

The Supreme Court will on Monday hear a petition by e-commerce giant Amazon, which has appealed against an order of the Delhi high court lifting the restraint against the ₹24,713 crore deal between Kishore Biyani-led Future Retail Limited and Mukesh Dhirubhai Ambani’s Reliance Retail. It added that the single judge’s status quo order was passed for the limited purpose of …

Delhi Supreme Court Court Order Deal Reliance Frl
Delhi High Court Issues Notice To Future Retail, Reliance in Amazon Appeal Against December Order
3 years, 11 months ago

Delhi High Court Issues Notice To Future Retail, Reliance in Amazon Appeal Against December Order

Live Law  

The Delhi High Court today issued notice on Amazon's appeal against Single Judge Bench Justice Mukta Gupta's order on Future Retail's plea on the Reliance-Future Rs. Harish Salve appeared for Future Retail Ltd. Subramanium submitted that even though the single judge bench had ordered that the Emergency Arbitrator was not coram non judice, and the order was valid, by holding …

India Singapore Retail Future Emergency Court Amazon
Amazon Vs Future Retails- Delhi High Court Rejects Future Retails's Plea For Interim Injunction Against Amazon-Read Order
4 years ago

Amazon Vs Future Retails- Delhi High Court Rejects Future Retails's Plea For Interim Injunction Against Amazon-Read Order

Live Law  

Future Retail Ltd suffered a set back on Monday as the Delhi High Court refused to allow its plea for interim injunction to restrain Amazon Inc from writing to Indian statutory authorities objecting to FRL's proposed asset sale to Reliance group.A single bench of Justice Mukta Gupta refused to grant any interim reliefs on FRL's plea it to direct Amazon …

India Singapore Retail High Court Future Emergency Amazon
Delhi HC Reserves Order On Maintainability Of Future Group's Plea Seeking Injunction On Amazon's Interference In Deal With Reliance Retail
4 years, 1 month ago

Delhi HC Reserves Order On Maintainability Of Future Group's Plea Seeking Injunction On Amazon's Interference In Deal With Reliance Retail

Live Law  

The Delhi High Court has reserved order on the maintainability of a plea by Kishore Biyani-led Future Retail Ltd seeking an ad-interim injunction against Amazon Inc for sending letters to various regulatory authorities writing about an injunction award by an Emergency Arbitrator against Future Retail Ltd's acquisition by Reliance Industries Ltd's entities for about Rs. The case relates to a …

Law India Delhi Emergency Amazon Indian Reliance