![](https://www.udayavani.com/wp-content/uploads/2024/07/meat-1-415x276.jpg)
HC seeks Future Retail’s stand on Amazon plea to set aside court’s observations against it
PTI, Jan 13, 2021, 1:26 PM IST
![](https://www.udayavani.com/wp-content/uploads/2021/01/HC-seeks-Future-Retails-stand-on-Amazon-plea-to-set-aside-courts-observations-against-it-620x358.jpg)
New Delhi: The Delhi High Court Wednesday sought response of Kishore Biyani-led Future Retail Limited (FRL) on Amazon’s plea challenging the prima facie observations by a single judge that the US e-commerce giant’s attempt to control the Indian entity was violative of FEMA and FDI rules.
A bench of Chief Justice DN Patel and Justice Jyoti Singh issued notice to FRL, Reliance Retail and the Biyanis seeking their stand on the plea by Amazon against some of the observations by the single judge in a December 21, 2020, interim order.
Amazon, in its appeal, has sought setting aside the observations as they have a bearing on its case in arbitration proceedings that were initiated before the Singapore International Arbitration Centre (SIAC).
It has contended that the observations are inconsistent with the findings in the SIAC emergency arbitral (EA) order of October 25, 2020, against FRL’s asset sale under a Rs 24,713 crore deal with Reliance Retail.
It has contended in its appeal that the observations in the December 21, 2020 order “effectively resulted in allowing FRL to collaterally bypass the EA order.”
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/07/IndiGo-PTI-rep-150x74.jpg)
IndiGo flags higher inflationary environment, escalation in fuel, airport costs
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSE-bull-run-150x113.jpg)
Sensex rebounds 1,293 points, Nifty races to record high on value buying in bluechips
![](https://www.udayavani.com/wp-content/uploads/2024/07/idbi-150x84.jpg)
IDBI Bank privatisation: Security clearances in place, RBI’s nod expected soon
![](https://www.udayavani.com/wp-content/uploads/2024/07/EV-rep-Shutterstock-1-150x89.jpg)
Hyundai ties up with Charge Zone for high-speed EV chargers
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSE-PTI-4-150x98.jpg)
Stock markets fall for 4th day on selling in banking shares, STT hike
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/07/shinde-2-150x101.jpg)
CM Shinde discusses Kolhapur flood situation with collector, issues directions
![](https://www.udayavani.com/wp-content/uploads/2024/07/meat-1-150x100.jpg)
Meat consignment: Legal action to be taken based on analysis report of species
![](https://www.udayavani.com/wp-content/uploads/2024/07/banerjee-150x101.jpg)
Mamata walks out of Niti Aayog meet, says she was stopped midway in her speech
![](https://www.udayavani.com/wp-content/uploads/2024/07/hc-31-150x92.jpg)
Teachers above 50 years of age exempted from ‘excess teacher’ transfers: Karnataka HC
![](https://www.udayavani.com/wp-content/uploads/2024/07/raut-4-150x101.jpg)
Writ of ‘Shivaji Fan Club’ runs in Maharashtra, that of ‘Aurangzeb Fan Club’ in Gujarat: Raut
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.