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NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
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Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
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Amazon, Future Agree in Supreme Court to Appear Before Singapore International Arbitration Centre
Amazon and Future Group agreed before the Supreme Court to resume the arbitration case in Singapore International Arbitration Centre (SIAC) in connection with the merger deal of FRL with Reliance Retail.
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Reliance Said to Be Taking Control of Future Retail Stores and Offer Jobs to Employees Despite Amazon Dispute
Reliance is said to be taking control of Future Retail operations and offering jobs to its employees despite the ongoing dispute with Amazon.
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"Approach High Court To Resume Reliance Deal": Supreme Court To Future Group
The Supreme Court on Tuesday granted liberty to Future Retail Ltd (FRL) to move the Delhi High Court for seeking nod to proceed with the National Company Law Tribunal (NCLT) permission of going ahead with the Rs 24,731 crore merger deal with Reliance
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Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
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Amazon Said to File New Legal Challenges in Dispute With Future Group Over Reliance Deal
Amazon is said to have filed a new legal challenge in its bitter dispute with Future Group after the Competition Commission of India suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Reliance.
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In Amazon vs Future Retail, Singapore Arbitration Stopped By Court
The Amazon-Future arbitration which is going on before a three-member arbitration tribunal over the latter's Rs 24,500-crore deal with Reliance was halted by the Delhi High Court today.
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Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) inve...
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Supreme Court To Hear Future Group, Amazon Pleas Over Reliance Deal
The Supreme Court has agreed to hear the Future Group's plea against the Delhi High Court's refusal to stay a Singapore tribunal order that froze the Rs 24,731 crore transaction with Reliance Retail; the matter will be heard November 23.
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Amazon Scores Big as Supreme Court Stalls Future's $3.4 Billion Retail Deal With Reliance
Amazon has secured a major victory with Supreme Court stalling Future Group’s sale of retail assets to Reliance in a $3.5 billion (roughly Rs. 25,200 crores) deal.
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In Huge Battle With Reliance, Amazon's Big Win In Supreme Court Today
In a big win for Amazon, the Supreme Court today said Reliance cannot go ahead with a $3.4 billion deal to buy Future Group's retail assets. The deal has locked Mukesh Ambani and Jeff Bezos, rivals for India's online retail, in a huge legal battle.
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In Huge Reliance vs Amazon Clash, Supreme Court Verdict Today: 10 Points
Amazon's challenge against Future Group's $3.4 billion deal with Reliance Industries will see a Supreme Court ruling today, concluding one of the most bitterly fought battles in the world's only billion-plus retail market open to foreign competition.
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Supreme Court Reserves Verdict In Amazon Vs Future Case
The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.
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Future-Reliance Deal: Delhi High Court Restrains Sale of Assets on Request from Amazon
Future Group has been ordered by the Delhi High Court to not sell its assets in the Rs 24,713 crore deal with Reliance Retail on Amazon’s request.
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NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
-
Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
-
Amazon, Future Agree in Supreme Court to Appear Before Singapore International Arbitration Centre
Amazon and Future Group agreed before the Supreme Court to resume the arbitration case in Singapore International Arbitration Centre (SIAC) in connection with the merger deal of FRL with Reliance Retail.
-
Reliance Said to Be Taking Control of Future Retail Stores and Offer Jobs to Employees Despite Amazon Dispute
Reliance is said to be taking control of Future Retail operations and offering jobs to its employees despite the ongoing dispute with Amazon.
-
"Approach High Court To Resume Reliance Deal": Supreme Court To Future Group
The Supreme Court on Tuesday granted liberty to Future Retail Ltd (FRL) to move the Delhi High Court for seeking nod to proceed with the National Company Law Tribunal (NCLT) permission of going ahead with the Rs 24,731 crore merger deal with Reliance
-
Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
-
Amazon Said to File New Legal Challenges in Dispute With Future Group Over Reliance Deal
Amazon is said to have filed a new legal challenge in its bitter dispute with Future Group after the Competition Commission of India suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Reliance.
-
In Amazon vs Future Retail, Singapore Arbitration Stopped By Court
The Amazon-Future arbitration which is going on before a three-member arbitration tribunal over the latter's Rs 24,500-crore deal with Reliance was halted by the Delhi High Court today.
-
Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) inve...
-
Supreme Court To Hear Future Group, Amazon Pleas Over Reliance Deal
The Supreme Court has agreed to hear the Future Group's plea against the Delhi High Court's refusal to stay a Singapore tribunal order that froze the Rs 24,731 crore transaction with Reliance Retail; the matter will be heard November 23.
-
Amazon Scores Big as Supreme Court Stalls Future's $3.4 Billion Retail Deal With Reliance
Amazon has secured a major victory with Supreme Court stalling Future Group’s sale of retail assets to Reliance in a $3.5 billion (roughly Rs. 25,200 crores) deal.
-
In Huge Battle With Reliance, Amazon's Big Win In Supreme Court Today
In a big win for Amazon, the Supreme Court today said Reliance cannot go ahead with a $3.4 billion deal to buy Future Group's retail assets. The deal has locked Mukesh Ambani and Jeff Bezos, rivals for India's online retail, in a huge legal battle.
-
In Huge Reliance vs Amazon Clash, Supreme Court Verdict Today: 10 Points
Amazon's challenge against Future Group's $3.4 billion deal with Reliance Industries will see a Supreme Court ruling today, concluding one of the most bitterly fought battles in the world's only billion-plus retail market open to foreign competition.
-
Supreme Court Reserves Verdict In Amazon Vs Future Case
The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.
-
Future-Reliance Deal: Delhi High Court Restrains Sale of Assets on Request from Amazon
Future Group has been ordered by the Delhi High Court to not sell its assets in the Rs 24,713 crore deal with Reliance Retail on Amazon’s request.
