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A lawyer for e-commerce giant Amazon on Wednesday told the Delhi High Court that investors have protective rights. The lawyer argued that FRL (Future Retail) was aware that Amazon's consent was needed in case of sale (retail assets) particularly to a restricted person.
The case deals with Future Retail's suit against Amazon in a matter related to the interim order passed by an Emergency Arbitrator in Singapore. The arguments from the legal counsels of the companies continued on the second day. The matter was heard by Justice Mukta Gupta. The court adjourned the hearing until Thursday after a day-long hearing,
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