[BREAKING] Supreme Court rules in favour of Amazon, holds Singapore Emergency Arbitrator award against Future -Reliance deal enforceable in India

The Single Judge of the High Court had upheld the award of an emergency arbitrator, directed attachment of the properties and restrained Future Retail from going ahead with the ₹24,713 cr merger with Reliance Retail.
[BREAKING] Supreme Court rules in favour of Amazon, holds Singapore Emergency Arbitrator award against Future -Reliance deal enforceable in India
Supreme Court, Amazon, Future group, Reliance and Justice Nariman and BR Gavai

E-commerce giant, Amazon secured a major relief from the Supreme Court of India on Friday as the top court allowed the appeal filed by the multi-national against a Delhi High Court order staying attachment of properties of Future Group companies and Kishore Biyani in relation to the Future-Reliance deal.

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