Delhi HC to hear Amazon plea to detain Future Group founders today

The Delhi high court on Thursday will hear a plea by US online retailer Amazon seeking the detention of Future Group founders, including CEO Kishore Biyani, and seizure of their assets as it seeks to block Future Group from selling retail assets to Reliance Industries.

In its plea, Amazon has sought enforcement of the Singapore arbitrator’s ruling in October against its partner Future’s ₹24,713 crore deal with Reliance. It has also sought that the Biyani family be directed to “disclose their assets, including movable and immovable property” and the same be attached.

The plea has also sought “detention” of Biyani, his daughter Ashni and seven other members of the founder family as well as three other officials, including a company secretary of the group.