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The Times of India
The Times of India
Business
PTI

SC asks Amazon, Future group to urge NCLAT to decide plea of US e-commerce major

NEW DELHI: The Supreme Court on Wednesday asked Amazon and Future group to request the NCLAT to decide a plea challenging the revocation of sanction to the US e-commerce major for its deal with Future group's firm by the Competition Commission of India (CCI).

The suggestion was mooted by a bench headed by Chief Justice N V Ramana while adjourning to March 9 the hearing on Amazon's appeal against the January 5 order of the Delhi high court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance Retail.

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