You are here: Home » Companies » News
Business Standard

Future Group hasn't made disclosures to stock exchanges, says Amazon

While arguing in the case, Amazon asked why Future did not inform the Supreme Court about the termination notice it received for its stores

Topics
Future Group | Reliance Industries | Delhi High Court

BS Reporter 

Future Retail
Photo: Shutterstock

has not made the necessary disclosures to stock exchanges about taking over its retail stores, said in the on Monday.

While arguing in the case, asked why Future did not inform the Supreme Court about the termination notice it received for its stores.

Amazon’s counsel also said Future had assured the Supreme Court that its stores will move only after the scheme has been sanctioned.

The matter will come up for hearing on May 11.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, May 10 2022. 00:36 IST
RECOMMENDED FOR YOU
.