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Future Retail appeals before Delhi HC’s division bench for termination of Amazon arbitration

05 Jan 2022 Evaluate

Future Retail and its promoters have filed appeals before the division bench of the Delhi High Court challenging the order passed on January 04, 2022 that dismissed Future group's petitions for termination of the Amazon arbitration.

The Delhi High Court has dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, adjudicating Amazon's objections against Future Group's deal with Reliance, to take a decision on their application for terminating the arbitration proceedings before moving any further.

Future Retail offers food and grocery categories, fresh fruits and vegetables, meat and poultry, dairy products, staples, FMCG and processed foods, electronics and appliances, clothing and footwear, furniture and furnishing, and other household articles.

Peers
Company Name CMP
Avenue Supermarts 3835.00
Trent 2780.40
Vishal Mega Mart 106.40
PN Gadgil Jewellers 604.75
Aditya Birla Life 79.93
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