Out-of-court talks between Future Group, Reliance Industries (RIL), and Amazon to resolve the legal battle arising out of the sale of Future Group’s assets to RIL have not led to a resolution, counsels for Future Coupons and Amazon told the Supreme Court on Tuesday.
On March 3, Amazon had proposed a dialogue with Future Group and RIL to end the legal deadlock and the court had given them time until March 15 to come up with a settlement.
Amazon told the court it would like to begin arbitration proceedings in Singapore, which had been put on hold by the Delhi