Tuesday, February 7, 2023
HomeLaw Delhi High Court dismisses Future Group plea for termination of arbitration...

[BREAKING] Delhi High Court dismisses Future Group plea for termination of arbitration initiated by Amazon at SIAC

The arbitration relates to a 2019 deal of Amazon acquiring a 49% stake in Future Coupons Private Limited (FCPL) and is one of the several legal disputes the companies are embroiled in.

Singapore International Arbitration Centre (SIAC) has been hearing the arbitration between Amazon and Future Group.

On June 28 this year, the tribunal rejected two applications filed by the Future Group seeking termination of the proceedings.

Source: Barandbench

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