The High Court is now seized of two appeals filed by the Future Group against the October 25, 2021 order of the arbitration tribunal through which it refused to stay the operation of the emergency arbitrator which stayed Future Retail’s deal with Reliance.
Applications have also been filed by the Future Group to vacate the said stay and allow it to proceed with the deal.
The Court is dealing with another suit filed by the Future group seeking to restrain Amazon from allegedly interfering in its arrangement with Reliance.
Amazon on the other hand, has filed an enforcement petition seeking enforcement of award by the emergency arbitrator whereby the deal between Future Group and Reliance was stayed.
The court is also seized of a writ petition filed by the American e-commerce giant against seeking quashing of the investigation by the Enforcement Directorate (ED) into its deal with the Future Group.
Though it was pointed out that this petition has nothing to do with the other matters, Justice Hari Shankar reiterated that the matters came to be listed before him through the administrative of the Chief Justice and therefore if the counsel have any issues with, the same should be taken up before appropriate forum.
Source: Barandbench
