News Muncher - searching for appeal

NCLAT rejects Amazon's appeal against CCI order suspending Future deal

In a major setback to Amazon, the National Company Law Appellate Tribunal on June 13 rejected the U.S. e-commerce giant's appeal against an antitrust suspension of its investment deal with Future Group, saying the retailer had not made full disclosures at the time of seeking approval. It supported the CCI findings that Amazon didn't make full disclosures regarding the deal …

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 …

SC Agrees To Hear Amazon’s Appeal In Future Group Case On Feb 8

New Delhi: In a recent development in the Amazon-Future Group case, the Supreme Court has agreed to hear an appeal by US e-commerce giant Amazon against the stay on arbitration order between the Future group and Amazon on February 8. On Tuesday, the SC had put aside the orders of the Delhi HC bench which also refused the arbitration that …

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 …

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

"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 …

Appeal

Future -Amazon Case : FRL Appeals To Delhi High Court DB Against Single Bench Order Upholding Emergency Award

Challenging the Single-Judge bench order of the Delhi High Court upholding an award by a Singapore Tribunal against the contested Reliance-Future Retail Ltd stake sale deal worth nearly Rs.25,000 cr, the Future Group companies have moved the Delhi High Court in appeal. A single judge bench of Justice Midha of the Delhi High Court had earlier allowed the application field …

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 …

The Delhi High Court on Monday stayed its single judge direction to Future Retail Ltd and various statutory authorities to maintain status quo with regard to the Rs 24,713 crore deal with Reliance Retail. A bench of Chief Justice D N Patel and Justice Jyoti Singh passed in the interim direction on FRL's appeal challenging the February 2 order of …

Kishore Biyani-led Future Retail Limited on Wednesday filed an appeal before a division bench in the Delhi High Court against the ‘status quo’ order on a $3.4 billion deal for the sale of its retail assets to Reliance Industries Ltd. However, opposing the urgent mentioning, senior advocate Rajiv Nayyar for Amazon told the court that procedure should be followed. In …

Future Retail files appeal in Delhi High Court against status quo order on Future-Reliance deal

Future Retail Ltd on Wednesday said it has filed an appeal in the Delhi High Court against the status quo order on its Rs 24,713-crore deal with Reliance. On Tuesday, a Delhi High Court bench of Justice J R Midha had directed FRL to maintain status quo in relation to its Rs 24,713-crore deal with Reliance Retail that has been …

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

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 …