SC stays further proceedings in Amazon-Future-Reliance case before Delhi HC
The Supreme Court on Monday stayed further proceedings before Single Judge and Division Bench of Delhi High Court in the Amazon-Future-Reliance case.
A Bench headed by Justice Rohinton F Nariman said the matter will be finally decided by the top court. The matter will be heard on May 4.
“We will stay further proceedings before Single Judge and Division Bench. Meanwhile, pleadings will be completed and the matter will come up with other matter on May 4,” the apex court said.
The top court was hearing an appeal of e-commerce giant Amazon challenging Delhi High Court’s decision to stay an order upholding an emergency arbitrator award restraining Future Retail Limited (FRL) from going ahead with its Rs 24,731 crore assets sale deal with Reliance Retail.