SC rejects Future appeal on plea listing

The Supreme Court has reportedly turned down a request by Future Retail Ltd (FRL) to list its appeal with that of a plea made by the US retail giant Amazon.

FRL had filed a special leave petition (SLP) at the apex court after the Delhi high court did not give any interim relief with regard to its plea for staying the October 21 order of the Singapore International Arbitration Centre (SIAC).

The Supreme Court will hear the Amazon plea against an order of the National Company Law Tribunal (NCLT).

The tribunal had earlier given its nod to FRL to hold shareholder meetings for the proposed deal with Reliance Retail.