The Supreme Court was informed on Tuesday that talks between Amazon and Future group to resolve their tussle over a ₹24,731-crore merger deal with Reliance has made no headway.
The U.S. e-commerce company urged a Bench led by Chief Justice of India N.V. Ramana to intervene to ensure that the stores of Future Retail were not taken over by Reliance.
Amazon had on March 3 suggested talks with Future to resolve the dispute amicably. The court had given 10 days for the companies to engage with each other to attempt a resolution.
