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SC Upholds Amazon Plea Against Merger of Future Retail and Reliance Retail - (06 Aug 2021)

ARBITRATION

Supreme Court has upheld e-commerce giant Amazon's plea against the Rs 24,731-crore merger of Future Retail Ltd (FRL) with Reliance Retail. The Court has said that the order by a Singapore arbitrator in October, 2020 that put the deal on hold after finding merit in Amazon's objections was valid.

Tags : SUPREME COURT   MERGER OF FUTURE RETAIL AND RELIANCE RETAIL  

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