Future Retail moves SC against Singapore arbitral court’s order

NEW DELHI: Future Retail (FRL) on Monday filed a Special Leave Petition (SLP) in the Supreme Court, demanding that the court put on hold Singapore arbitral court’s October 21 order making it a party to the arbitration process. Spokespersons from both Amazon and Future Group have confirmed the development.

This came a day after a scathing letter by one of the independent directors of Future Retail to the chairperson of Competition Commission of India, in which he has requested the commission to revoke the approval given to Amazon and Future Couponss Private Ltd, a future group company.