HC asks FRL to respond to Amazon’s plea to enforce emergency arbitrator’s award
The Delhi High Court Friday sought response of Kishore Biyani led Future Retail Ltd (FRL) on a plea by US-based e-commerce giant Amazon seeking direction to order enforcement of the award by Singapore’s Emergency Arbitrator (EA) restraining FRL from going ahead with its Rs 24,713 crore deal with Reliance Retail.
Amazon.Com NV Investment Holdings LLC, in its plea, also sought detention of the Biyanis, directors of Future Coupons Pvt Ltd (FCPL) and FRL and other related parties in civil prison and attaching of their properties for alleged “wilful disobedience” of the emergency arbitrator’s order.
Justice J R Midha issued notices to FRL, Future Coupons Pvt Ltd, Biyanis and other related parties and listed the matter for further hearing on February 1.