The lawyer for Future Retail Limited (FRL) on Thursday told the Delhi High Court that due to the investment by Reliance, Future’s creditors worth Rs 18,000 crore are being protected. The counsel contended that these are all Indian people and alleged that Amazon doesn't care.
The Delhi High Court is hearing Future Retail's suit related to its deal with Reliance. It was recently halted by an Emergency Arbitrator of the Singapore International Arbitration Centre (SIAC) in favour of Amazon. The lawyers of the companies have been making arguments since last week. The matter was heard by Justice Mukta Gupta. The