Amazon vs Future: SC stay on proceedings at Delhi HC; hearing on May 4

The e-commerce major had moved the apex court last week challenging an order dated March 22 passed by a division Bench of the Delhi HC

A day after lenders to Future Retail approved a debt recast plan extending repayment of its loans by up to two years, the Supreme Court (SC) on Monday stayed all proceedings pending before the Delhi High Court (HC) in the Amazon versus Future case.
 
The matter will be next heard on May 4 in the SC, by when the two sides have been asked to complete their pleadings.
 
"Further proceedings before a single judge and division Bench stayed. Matter to be heard on May 4. All pleadings to be completed by then," the SC Bench, comprising Justices R