Delhi HC refuses to restrain Amazon, says suit filed by Future Retail maintainable
Monday - December 21, 2020 11:27 am ,
Category : BUSINESS
New Delhi, Dec 21 (IANS) The Delhi High Court on Monday refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authority in view of the Emergency Award.A bench of Justice Mukta Gupta ruled that the statutory authorities were free to form their own opinion as per law.The bench further observed that prima facie the suit filed by Future Retail was maintainable It held that the Emergency Award was valid, and the Kishore Biyani-owned company's resolution approving the transaction with Reliance was also valid.
--IANS anb/in
--IANS anb/in
