Amazon rejects Future Group’s claims at court over emergency arbitration award
BENGALURU: Amazon’s lawyers on Wendesday rejected Future Retail Ltd’s claims that the emergency arbitration award from a Singapore tribunal had no legal sanctity in India. Arguing before the Delhi High Court, Amazon submitted that the Biyanis are a party to the arbitration agreement signed between FRL and Amazon, as well as the proposed deal with the Reliance.
“If it is an order by Emergency Arbitrator, section 17 says order passed by a Tribunal. It includes the emergency arbitration by virtue of SIAC Rules. The parties are passed by the directions of the emergency Tribunal. The Biyanis are common in all this. They are parties to the arbitration agreement,” Gopal Subramanium, senior lawyer who appeared on behalf of Amazon Inc told the Delhi High Court.