Delhi HC stays single judge's order restraining Future Retail-RIL deal

Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail

The Delhi High Court on Monday stayed the single judge’s order restraining Future Retail (FRL) from going ahead with its $3.4-billion deal with Reliance Retail and directing the attachment of Future Group firms’ and founder Kishore Biyani’s properties in relation with Amazon’s plea asking for the enforcement of the emergency award.

A division Bench of Chief Justice DN Patel and Justice Jasmeet Singh said, “…we hereby stay the order of the single judge dated March 18, 2021 till the next date of hearing,” and listed the matter for further hearing on April 30.

Harish Salve, Future’s counsel, said the court