Thread by @barandbench

Supreme Court is hearing a petition filed by Amazon against Delhi HC order staying further arbitration proceedings before the Singapore Tribunal against Future Group

CJI NV Ramana: Let the arbitration start if you have no issues (To Sr Adv Harish Salve)
#AmazonvsFuture

Sr Adv Salve for Future: I have already agreed yesterday .. Then this matter will end here today

Sr Adv Rohatgi: the entire dispute of division bench came up since our application was not taken up at the correct time

#SupremeCourt #AmazonvsFuture

Sr Adv Gopal Subramaniam: I have no problem if the tribunal takes up the Section 32 application first. but if the application is not entertained, then the final hearing should be completed. We need some interim protection

CJI: Seek the protection from Tribunal

Salve: If the HC order is stayed then that is the end of the matter.

Subramaniam: If I lose assets will go to Amazon. If i succeed the assets should be there. the retail assets have to be there

Salve: He has approached the HC for enforcement listed now on Tuesday

Salve: amazon cannot make the same prayers before SC, HC etc

Justice AS Bopanna: if all of you have agreed that arbitration begins with Section 32 application then if any other interim order is needed then it can be sought before the tribunal after maintainability is decided

Subramaniam: if they frolic with the assets like this then what is the purpose of approaching the tribunal. How can i deal with a situation where assets disappear in violation of an injunction. I have two injunctions. This is an extraordinary case

CJI: Then the matter before the HC is virtually infructuous

Subramaniam: It is because somebody wants to topple the assets

CJI: If you want resumption of arbitration proceeding and interim orders, it is little difficult. Let me list it on March 23 and hear

To be listed on March 23, 2022 as item 1
#AmazonVsFuture #SupremeCourt