Future v. Amazon: Supreme Court allows Future to move Delhi High Court for permission to resume NCLT proceedings

Future Retail had told the Court that the NCLT approval requires multiple steps which will take a few months, and therefore, the Court should allow the process to continue.
Amazon, Future, Supreme Court
Amazon, Future, Supreme Court

The Supreme Court on Tuesday asked Future Retail to approach the Delhi High Court for permission to go ahead with the proceedings before the National Company Law Tribunal (NCLT) for approval of its ₹27,513-crore transaction with Reliance Retail.

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