Amazon once again proposes dialogue with Future Group to end legal battles

The Supreme Court has given both parties until March 15 to explore a settlement through negotiations.

US e-commerce giant Amazon has again proposed a dialogue with Future Group to end their legal battles, to which the Kishore Biyani-led retailer has agreed. The parties are in dispute on Reliance Industries Ltd (RIL) acquiring Future Group companies. The Supreme Court has given both sides time until March 15 to explore a settlement.

During a hearing on Thursday, the court told the three parties —Amazon.com, Future Retail (FRL), and its promoter Future Coupons Pvt Ltd (FCPL) —to find ways to reach a settlement.

The judges said the two sides could take 10 days to reach a solution. Senior lawyers Harish Salve,