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Supreme Court Refuses To Pass Interim Order Against Banks In Future Retail's Plea To Defer Loan Default Actions
2 years, 10 months ago

Supreme Court Refuses To Pass Interim Order Against Banks In Future Retail's Plea To Defer Loan Default Actions

Live Law  

The Supreme Court of India on Thursday refused to pass any interim order to restrain coercive steps by the consortium of banks against Future Retail Ltd over loan defaults.A bench comprising Chief Justice of India NV Ramana, Justice AS Bopanna and Justice Hima Kohli adjourned the writ petition filed by FRL without passing any interim order against the banks.The writ …

Justice Supreme Court Future Court Amazon Writ Loan
Supreme Court Seeks Banks' Response To Future Retail's Plea To Defer Coercive Steps Over Loan Default
2 years, 10 months ago

Supreme Court Seeks Banks' Response To Future Retail's Plea To Defer Coercive Steps Over Loan Default

Live Law  

The Supreme Court of India on Tuesday directed the consortium of 27 banks to file an affidavit in response to the writ petition filed by Future Retail Ltd seeking the deferral of coercive actions over loan defaults.A Bench comprising the Chief Justice of India NV Ramana, Justice AS Bopanna and Justice Hima Kohli also asked FRL to serve copy to …

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Amazon-Future Dispute: Supreme Court Sets Aside Delhi High Court's Direction For Coercive Steps Against Future Group
2 years, 10 months ago

Amazon-Future Dispute: Supreme Court Sets Aside Delhi High Court's Direction For Coercive Steps Against Future Group

Live Law  

In a major relief to Future group companies, the Supreme Court on Monday set aside the orders of the Delhi High Court which initiated coercive steps against the companies and its promoters Biyanis for alleged violation of the Emergency Award passed by the Singapore Tribunal on the application filed by e-commerce giant Amazon.The Supreme Court has set aside the orders …

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Delhi HC ask if Amazon, Future open to resolve issue relating to Reliance deal
3 years, 10 months ago

Delhi HC ask if Amazon, Future open to resolve issue relating to Reliance deal

Hindustan Times  

The Delhi High Court Monday sought to know whether US-based e-commerce giant Amazon and Kishore Biyani led Future Retail Ltd were open to resolving the issue arising out of ₹24,713 crore deal between FRL and Reliance Retail. The court was hearing a plea by Amazon seeking direction to order enforcement of the award by Singapore's Emergency Arbitrator restraining FRL from …

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