AgenciesThe Supreme Court said on Wednesday that it will hear on February 23 Amazon's plea challenging a Delhi High Court order that had stopped a Singapore arbitration process between the US e-commerce firm and Future Group.
A bench of chief justice NV Ramana and justices AS Bopanna and Hima Kohli scheduled the hearing later this month and also issued notices to Future Group companies including Future Retail and Future Coupons.
In January, a divisional bench of the Delhi High Court had stayed the proceedings in the Singapore International Arbitration Centre (SIAC). Last week, Amazon filed a petition challenging the high court order.
In January, the SIAC was in the final leg of its hearings in a dispute between Amazon and Future Group when the Delhi court stalled its proceedings.
The SIAC had in October 2020, through an interim order, stayed the proposed Future Group's plans to sell its assets to Reliance Retail after Amazon approached the arbitration centre opposing the deal.
A bench of chief justice NV Ramana and justices AS Bopanna and Hima Kohli scheduled the hearing later this month and also issued notices to Future Group companies including Future Retail and Future Coupons.
In January, a divisional bench of the Delhi High Court had stayed the proceedings in the Singapore International Arbitration Centre (SIAC). Last week, Amazon filed a petition challenging the high court order.
In January, the SIAC was in the final leg of its hearings in a dispute between Amazon and Future Group when the Delhi court stalled its proceedings.
The SIAC had in October 2020, through an interim order, stayed the proposed Future Group's plans to sell its assets to Reliance Retail after Amazon approached the arbitration centre opposing the deal.
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