Future Retail moves Delhi HC against Amazon, alleges interference by US co in deal with RIL

NEW DELHI: Kishore Biyani led Future Retail Ltd (FRL) on Saturday moved the Delhi High Court seeking “reliefs” against Amazon from “interfering” with its RIL deal and alleged that the e-commerce giant was “misusing” an interim order passed by a Singapore arbitrator.

The Future Group and Amazon have been locked in a battle after the US-based company dragged the partner into an arbitration over alleged breach of contract.

Amazon had received a favourable ruling from the Singapore International Arbitration Centre (SIAC) that put the Rs 24,713-crore deal between Future Group and Reliance Industries Ltd (RIL) on hold.

Read more

You may also like

More in IT

Comments are closed.