Amazon's arbitration proceedings against Future Group may start from Nov

The arbitration proceedings between Amazon and retail conglomerate Future Group in Singapore are expected to start from November and could go on for at least 9-12 months, according to sources. This follows a dispute over the Future’s sale of its retail and wholesale businesses to Reliance Industries Ltd (RIL). Amazon has sent intimation notices (alleging Future’s compliance issue) to various parties including Singapore International Arbitration Centre (SIAC), Future Group and its investors and shareholders, according to sources. Amazon is enforcing contractual obligations through its notice to the Future Group for entering into a deal with Reliance, citing its non-compete agreement