SC rules in favour of Amazon, restrains Reliance-Future Retail merger
The top court held that the Singapore emergency arbitrator award is enforceable in Indian law.
The top court held that the Singapore emergency arbitrator award is enforceable in Indian law.
Amazon.com NV Investment Holdings LLC and FRL have been locked in a better legal battle over the deal. Amazon had argued that Singapore's Emergency Arbitrator (EA) award, which restrained FRL from going ahead with the merger, was valid and enforceable.
Amazon had argued that Singapore's Emergency Arbitrator (EA) award, which restrained FRL from going ahead with the merger, was valid and enforceable.
