P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

Delhi HC Upholds Emergency Award Passed in Favour of Amazon Against Future-Reliance Deal - (19 Mar 2021)

ARBITRATION

Delhi High Court has stopped Future Group from going ahead with the sale of its retail assets to Reliance Retail, upholding Amazon’s argument that the Emergency Award of the Singapore International Arbitration Centre (SIAC) should be adhered to. The Court has held that the emergency arbitrator is an arbitrator for all the intents and purposes under sec. 17(1) of Arbitration and Conciliation Act, 1996 and an order passed by such an emergency arbitrator is enforceable under sec. 17 (2) of the Act.

Tags : DELHI HIGH COURT   FUTURE-RELIANCE DEAL  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved