Amazon moves SC challenging Delhi HC order on Future-Reliance deal

The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction

E-commerce giant Amazon has moved the Supreme Court challenging the Delhi High Court order which had stayed the implementation of status quo direction passed by single-judge of the High Court with respect to the $3.4 billion Future-Reliance deal, according to the sources.

Jeff Bezos-led Amazon is locked in legal disputes with Kishore Biyani-headed Future. It has alleged that the retail conglomerate violated an agreement with the American e-commerce firm by agreeing to sell its assets to Mukesh Ambani-owned Reliance Industries last year. Future denies any wrongdoing.
 

The Delhi High Court on Monday had stayed its single-judge direction to Future Retail