Business Standard

Thursday, January 09, 2025 | 07:17 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Deadlock continues: Amazon-Future talks to resolve row break down

SC allows Amazon to file interim application

ecommerce
Premium

Sharleen D’SouzaPeerzada Abrar Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in