The Future Group had pled the High Court to issue a restraining order against Amazon writing notices to SEBI, CCI about the order against its asset sale. The Delhi High Court has however denied the plea made by Future Retail Group and has passed the judgement that Amazon is writing to the higher authorities about the emergency arbitrators award which is interfering with the Reliance-Future Group deal costing Rs. 24,713 crore.
Delhi High Court denies Future Group’s plea against Amazon
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Sanika Abhyankar
Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com