Delhi HC declines to injunct Amazon from writing to authorities about SIAC award against Future Retail

The Delhi High Court on Monday declined to grant Kishore Biyani led Future Retail Ltd’s (FRL) plea for an interim injunction restraining Amazon from writing to the SEBI, Competition Commission of India and other authorities about the arbitral order against its asset sale.

Justice Mukta Gupta passed the order on FRL’s plea claiming that Amazon writing to authorities about the emergency arbitrator’s award amounts to interfering with the Rs 24,713 crore Reliance-Future deal.

“The present application is disposed off, declining the grant of interim injunction as prayed for by FRL. However, the statutory authorities/regulators are directed to take the decision on the applications /objections in accordance with the law,” the court said.