Delhi High Court declines plea to restrain Amazon from interfering in RIL-Future Retail deal

The Delhi High Court on Monday refused a plea by Future Retail company to stop Amazon from interfering into its Rs 27,513-crore deal with Mukesh Ambani-led Reliance Retail Ventures Ltd.

The HC also declined to grant an interim injunction against 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 as the FRL claimed 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. However, the statutory authorities/regulators are directed to take the decision on the applications /objections in accordance with the law,” the court said.