SC bars NCLT from passing final orders on RIL-Future deal on Amazon’s plea
Earlier this month, the Delhi High court had stayed a previous order on status quo of the RIL-Future deal in an interim order.
Earlier this month, the Delhi High court had stayed a previous order on status quo of the RIL-Future deal in an interim order.
Future Group shares were also in heavy demand, rising up to 10 per cent.
He said Amazon only held shares in Future Coupons Ltd (FCL), a shareholder in Future Retail (FRL), and thus had no say in the affairs of FRL.
The arbitration panel, in an interim order, has directed the Kishore Biyani-led Future Group not to proceed with the deal with Reliance Retail for now.
