SC to pronounce verdict on pleas of Future group firms in Amazon-Future case
The Hindu
The bench had reserved the judgement and had said that it wanted to send the case back to the Delhi HC to render a finding on the enforceability of the SIAC award restraining FRL's sale of assets to Reliance Retail
The Supreme Court is scheduled to pronounce on Tuesday the verdict on a batch of pleas filed by Future group firms against a Delhi High Court order declining stay on an arbitration tribunal decision refusing to interfere with the Emergency Award (EA) of the Singapore International Arbitration Centre (SIAC).
A bench comprising Chief Justice N.V. Ramana and justices A.S. Bopanna and Hima Kohli has fixed the cases for pronouncement of judgement at 10.30 am.
The bench, on January 11, had reserved the judgement and had said that it wanted to send the case back to the Delhi High Court to render a finding on the enforceability of the SIAC award restraining FRL's sale of assets to Reliance Retail.
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