HC stays single judge order for status quo in Future, Reliance deal

The Delhi High Court on Monday stayed its single judge direction to Future Retail Ltd (FRL) and various statutory authorities to maintain status quo with regard to the Rs 24,713 crore deal with Reliance Retail.
A bench of Chief Justice D N Patel and Justice Jyoti Singh passed in the interim direction on FRL’s appeal challenging the February 2 order of the single judge.
The bench also declined Amazon’s request to keep its order in abeyance for a week so that it can explore appropriate remedies.