Future Group moves Delhi High Court over RIL deal restraining order

"The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by single judge...," said Future Retail

The Future Group has moved the Division Bench of the Delhi High Court (HC) against the order passed by a single-member Bench, which directed to stay its Rs 24,713-crore deal with Reliance Industries to sell the firm’s retail and wholesale business.

The Kishore Biyani-led group firm, Future Retail (FRL), has now filed an appeal before the higher Bench of the same HC against the orders passed by a single-member Bench of Justice J R Midha, Future Retail said in a regulatory filing.

“The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021