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FRL RELIANCE DEAL
SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...- Future Coupons to pay Rs 11 crore in Amazon settlementAmazon and Future Coupons Pvt Ltd have settled their long-running dispute and agreed to withdraw all legal proceedings across forums follow...
- Future Retail independent director conduct raises question on corporate governance in India: AmazonIn August 2020, Future Group had announced a Rs 24,713-crore deal to sell 19 companies operating in retail, wholesale, logistics and wareho...
- It's akin to demon preaching vedas: Future Retail independent directors on Amazon's allegation of fraudulent stratagemHitting out at Amazon for making "false statements" and submission of "false documents" before the fair trade regulator Competition Commiss...
- Amazon urges RBI to conduct audit of Future RetailAmazon, which has been fighting a bitter legal battle with FRL to block the Reliance-Future deal, alleged that a collusion between FRL's le...
- FRL shareholders' e-voting ends; EGM for shareholders, creditors to be held on Apr 20, 21As per an addendum notice that the company had submitted to the BSE, FRL's remote e-voting for its equity shareholders started last week on...
- Would take steps for value adjustments, reversal of takeover of stores by Reliance, says FRLReliance, India's biggest retailer, stunned Future on Feb. 25 with its staff suddenly showing up at many of Future's biggest stores to assu...
- NCLT allows Future Retail to convene meetings to approve the sale of its retail assets to RelianceThe approval comes exactly a year after FRL approached the NCLT in Mumbai seeking permission to hold these meetings to approve the Rs 24,00...
- Future Retail asked lenders to take charge of Rs 3,500-crore small stores saleLenders miffed with Future Retail for informing them late about its inability to find buyers.
- Amazon-Future case; SC to pronounce verdict on pleas of Future group firmsThe 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 ...
- Will implement single judge order against FRL-Reliance deal in absence of stay from SC: HC to Future GroupJustice Suresh Kumar Kait, hearing Amazon's plea for enforcement of the award by Singapore's Emergency Arbitrator (EA) restraining FRL from...
- Supreme Court to pronounce verdict on Amazon's pleas against FRL-Reliance deal on FridayThe verdict is keenly awaited as it is likely to deal with the legality and enforceability of an award by an Emergency Arbitrator (EA) of t...
- Supreme Court reserves verdict on Amazon's pleas against FRL-Reliance dealAmazon had first filed a plea before the high court (single judge) for enforcement of the October 25, 2020, EA award by Singapore Internati...
- FRL-Reliance deal: Will decide if Emergency Arbitrator award valid, enforceable, says SCUS-based e-commerce giant Amazon.com NV Investment Holdings LLC, and FRL are embroiled in a bitter legal fight over FRL's Rs 24,713 crore m...
- Future Group's Biyani negotiated pacts, bound by EA award on FRL-Reliance deal: Amazon to SCKishore Biyani and 15 others including FRL and Future Coupon have been made parties by Amazon in a batch of pleas challenging the Delhi Hig...
- Future Group moves HC against order restraining to go ahead with Rs 24K cr Reliance deal on Amazon's pleaThe appeal, filed through advocate Harshvardhan Jha, has challenged the single judge's March 18 judgment directing Kishore Biyani-led FRL n...
- Future Retail attempting to mislead shareholders, regulatorsFRL defended itself in a letter of its own to the bourses, reiterating arguments made in an earlier communication.
- Future Retail says Amazon dispute order not binding on companyAmazon on October 25 won an injunction from the arbitrator to halt Future Retail's deal to sell its retail assets to Reliance Industries fo...
- Future Retail rejects Amazon's contention over shareholder agreementsIn a filing to the stock exchanges on Sunday, FRL said if the two separate agreements were treated as a single integrated transaction, then...
- In fight with Amazon, Future Retail sees liquidation if Reliance deal failsOver the weekend, Amazon won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance. Amazon alleged FRL ha...
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