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regular-article-logo Thursday, 25 April 2024

Amazon defence in Future Retail's arbitration case

Plea alleges that the e-commerce major was interfering in FRL's Rs 24,713-crore deal with Reliance Retail

Our Bureau Mumbai Published 12.11.20, 02:11 AM
Senior advocate Gopal Subramanium, appearing for Amazon, said the suit filed by FRL was “doubtful’’ and not maintainable.

Senior advocate Gopal Subramanium, appearing for Amazon, said the suit filed by FRL was “doubtful’’ and not maintainable. Shutterstock

Amazon on Wednesday told the Delhi high court that the emergency arbitration award against Future Retail Ltd (FRL) by a Singapore arbitrator was a valid order and that the retailing giant had the right to inform the statutory bodies about it.

The submission was made by Amazon before Justice Mukta Gupta during the hearing of FRL’s plea alleging that the e-commerce major was interfering in its Rs 24,713-crore deal with Reliance Retail on the basis of an interim order by Singapore arbitrator, SIAC.

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Senior advocate Gopal Subramanium, appearing for Amazon, said the suit filed by FRL was “doubtful’’ and not maintainable.

Continuing his arguments from where he had left on Tuesday, Subramanium said FRL participated in the proceedings before the emergency arbitrator (EA) and also urged it not to pass an interim order till an arbitrator is appointed on behalf of the entire Future Group.

According to a PTI report, Subramanium said that FRL cannot now say that the arbitrator’s interim decision was invalid and not binding on it. The senior lawyer added that FRL ought to have approached the courts here when the notice about the emergency arbitration was received by it in early October this year, but it chose to wait till now.

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