Amazon moves Delhi High Court seeking detention of Kishori Biyani & other Future Group directors
E-commerce giant Amazon on Monday moved the Delhi High Court alleging “deliberate and wilful breach and violation” of the SIAC emergency arbitrator’s award by Kishore Biyani-led Future Group.
It has sought detention of Biyani and other directors of Future Retail, Future Coupons, Future Coupons Resources and Akar Estate and Finance in civil prison for violating the arbitrator’s interim award that stalled Future Group’s $3.4-billion deal to sell its retail assets to Reliance Industries.