Court summons Future on Amazon’s petition

New Delhi, Mar 16 (PTI) The Supreme Court on Wednesday sought a response from the Future Group on an interim plea by US-based e-commerce giant Amazon. The plea has sought a direction to allow initiation of arbitration proceedings regarding the merger deal of Future Retail (FRL) with Reliance Retail and ensure the safety of the assets of FRL. Before a bench of Chief Justice NV Ramana, Justice AS Bopanna and Justice Hima Kohli, Amazon also urged that the court pass an order so that the assets of the FRL remain so that if it proceeds in arbitration proceedings.

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