CJI NV Ramana, Justice AS Bopanna and Justice Hima kohli
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Future-Amazon: Supreme Court sets aside Delhi High Court's refusal to stay SIAC award; remands matter for fresh consideration
The bench of Chief Justice of India NV Ramana and Justices AS Bopanna and Hima Kohli remanded the matter back to the Delhi High Court to be considered afresh.
The Supreme Court on Tuesday set aside the Delhi High Court order of October 29, 2021 refusing to stay the award passed by a Singapore International Arbitration Centre (SIAC) tribunal which had restrained Future Group from going ahead with its ₹24,731 crore merger deal with Reliance Retail [Future Coupons Pvt Ltd vs Amazon].