On Thursday, while hearing Counsels on the Amazon-Future Group dispute, the Chief Justice of India, Justice D.Y. Chandrachud expressed concern that Future Group was trying to defeat the order of the Apex Court and intending to stall the proceedings before the Singapore Arbitral Tribunal. After hearing Counsels for both the parties, the CJI assured Mr. Subramanium that the Apex Court …
Talks between Amazon and the Future Group aimed at resolving their long-running legal battle over the latter’s proposed $3.4 billion sale of retail assets to Reliance Industries have failed, lawyers for the companies informed the Supreme Court on Tuesday. The bench then asked Harish Salve and Mukul Rohatgi, who appeared for FRL, if the attempt by Future is to make …
In the Amazon-Future case, the Future Group on Thursday submitted before the Supreme Court that if Future Retail Ltd's deal with the Reliance goes through, 35000 jobs will be saved, no shops will be closed, Banks will be paid out as well, and FRL's debt will be paid to the last rupee.Senior Advocate Harish Salve appearing for Future Retail was …
The Supreme Court on Thursday stayed the proceedings in the Delhi High Court in relation to the attachment of the assets of Future Retail Limited and its promoters for alleged breach of the Emergency Award passed in favour of Amazon. Courtroom Exchange: Order of Single judge is wrong & contrary to Natural Justice: Senior Advocate Harish Salve for Future Retail …