Thread by @barandbench

#Breaking: In a big win for #Amazon, Delhi High Court uploads the Emergency Award passed against Future-Reliance deal.

Court rejects #Future Group's argument that Emergency Award is a nulity.

Court imposes costs of Rs 20 lakh on Future, to be deposited with PM Relief Fund.

Justice JR Midha holds that Future Retail, Future Coupons, Kishore Biyani and others violated the Emergency Award.

Court issues show cause notice to Biyani and others, asks why they should not be detained in civil prison.

#KishoreBiyani
@amazon @fg_buzz

Court also directs attachment of Kishore Biyani and others.

Court directs filing of affidavit by them detailing assets.

@kishore_biyani

Court holds that the Emergency Arbitrator had rightly invoked the 'Group of Company' doctrine in relation to the Future Group companies.

Court directs Future Group to approach the authorities for recall of the approvals granted to Future Retail- Reliance deal.

#Breaking

Delhi High Court directs Future Group to not take any further action in furtherance of the deal with Reliance.

Court directs presence of Kishor Biyani and others before it on the next date of hearing in April.

#Amazon #Future

Court directs Future Group to place on record any action taken by it in connection with the Reliance deal after October 25, 2020.

#Future #Amazon

[BREAKING] Delhi High Court upholds Emergency Award passed against Future-Reliance deal, imposes 20 lakh costs on Future

reports @aditi2118
@amazon #Amazon #futureretail @fg_buzz @kishore_biyani #kishorebiyani

barandbench.com/news/litigatio…

The costs of Rs 20 lakh imposed on Future shall be used for vaccination of senior citizens below poverty line in Delhi, says Court.

@amazon @fg_buzz