#KishoreBiyani vs #Amazon – Delhi High Court brings up ‘civil prison’ for violation by Future Group, asks for recall of approvals granted to Future Retail- #Reliance deal

businessinsider.in/business/corpo…

By @SanchDash
@SanchDash Delhi High Court pronounced its order in the Future Retail-Amazon case today. In a big win today for #Amazon, the court upheld the emergency arbitrator’s award in favour of the Jeff Bezos-led company.

#KishoreBiyani #FutureGroup #Reliance
@SanchDash The judgement given by Justice JR Midha said that #FutureRetail, Future Coupons, #KishoreBiyani and others violated the Emergency Award, and also questioned ‘why should they not be detained in prison’, reported legal news platform Bar & Bench.

#Amazon #Reliance
@SanchDash In another blow to #KishoreBiyani, the High Court also directed #FutureGroup to approach authorities to recall all approvals granted to Future Retail-Reliance deal.

#Amazon #Reliance
@SanchDash However, Future Retail spokesperson said that the judgement would have no impact as the matter is already in the Supreme Court.

#KishoreBiyani #FutureGroup #Reliance #Amazon
@SanchDash Additionally, in December 2020, another Delhi High Court order by a single judge had essentially ruled that #Amazon cannot use an agreement with one #FutureGroup company i.e. Future Coupon to exert control over a deal struck by another company i.e. Future Retail.

#Reliance

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