Senior Advocate Ranjit Kumar, appearing for Amazon, said,
“Having decided to go to tribunal, they [Future] filed plea under Article 227 [before Delhi High Court]. What do they want and on priority? Let tribunal hear this application.”
Representing Future Retail, Senior Advocate Mukul Rohatgi pointed out that the Section 32 application filed for termination of arbitration can be heard only when the challenge to the CCI order is decided.
At this point, CJI Ramana said,
“There are two options: we keep matter pending and let High Court decide in a week’s time. If it’s against, then challenge along with that. Second option, pursue NCLAT and see if proceedings are completed.”
Counsel for both parties then asked the Court to keep the matter pending and hear it at a later date. The Court eventually adjourned the case to March 9.
Source: Barandbench
