Future Group asks Delhi court to quash Singapore panel’s block on asset sale to Reliance

Future Retail NSE -1.31 % has asked a Delhi court to quash a decision by a Singapore arbitration panel that has kept the $3.4 billion sale of Future’s retail assets in limbo while the panel hears objections from Amazon.com Inc.

Amazon has mounted legal challenges against Future’s planned asset sale to market leader Reliance Industries NSE -0.17 % since last year, accusing the company of violating certain contracts by doing so. Future denies any wrongdoing.