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HC gives 4 weeks to get SC stay order

Justice Suresh Kumar Kait, hearing Amazon’s plea for enforcement of the award by Singapore’s Emergency Arbitrator (EA) restraining FRL from going ahead with the deal, said that in the absence of any stay from the apex court, he has no option but to enforce the order passed by Justice JR Midha on March 18

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Representation pic

Representation pic

The Delhi High Court on Tuesday said it will implement the single-judge order restraining Future Retail Ltd (FRL) from going ahead with the Rs 24,713-crore deal with Reliance Retail to sell its business, which was objected to by Amazon, if a stay is not obtained from the Supreme Court in four weeks.

Justice Suresh Kumar Kait, hearing Amazon’s plea for enforcement of the award by Singapore’s Emergency Arbitrator (EA) restraining FRL from going ahead with the deal, said that in the absence of any stay from the apex court, he has no option but to enforce the order passed by Justice JR Midha on March 18.

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