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Amazon, Future to appear before Singapore International Arbitration Centre

SC asks both parties to urge Delhi HC to hear enforcement pleas of US firm first

Future Retail
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Sharleen D’Souza Mumbai
Amazon and Future Group have agreed to appear before the Singapore International Arbitration Centre (SIAC), the parties informed the Supreme Court (SC) on Monday. 

Both the parties have also been directed by Chief Justice of India (CJI) N V Ramana to file a joint memo in the Supreme Court on Tuesday with regards to this.

In its order, the CJI also requested the tribunal to expedite the proceedings.

“It is stated and agreed by both parties that they wish to appear before the Singapore International Arbitration Centre and request that the proceedings, pending adjudication before it, be expedited on the issues agreed upon