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The legal battle for Future group’s retail business seems to be headed for the Indian shores. This follows an interim order by Singapore International Arbitration Centre (SIAC) to put the Rs 27,000 crore retail deal between Reliance Industries and Future Group on hold. Experts share their insights on the enforceability of this order in India and the legal options before the players, namely Future group, Amazon and Reliance Retail.
What are the legal challenges in the enforcement of an interim international arbitration order?
India is a signatory to the UN Convention on the Recognition and Enforcement of Foreign Arbitral Awards,
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