"kishore-biyani"

The court was approached on the grounds that the asset sale violated a contract that Kishore Biyani entered with Amazon.

The battle between Reliance and Amazon with the Future Group’s assets as the prize promises a nail-biting finish

A bench headed by Justice R.F. Nariman issued notices to Future Retail and RIL in the matter.

Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt Ltd (FCRPL) plan to appeal against the order passed by SEBI

While giving the approval, the SEBI listed a number of conditions in accordance with the Composite Scheme of Arrangement.

Moreover, stocks in the stores are almost up to 80 per cent of what they were before the pandemic, he added.

Justice Mukta Gupta passed the order on FRL's plea claiming that Amazon writing to authorities about the emergency arbitrator's award amounts to interfering with the Rs 24,713 crore Reliance-Future deal.

Amazon, which acquired an indirect minority stake in the retail and fashion conglomerate last year, alleged that Future's sale of its retail, wholesale, logistics and warehousing businesses to Reliance breached