You are here: Home » Companies » News
Business Standard

Future moves HC against order to maintain status quo on Reliance deal

FRL's appeal was men­tioned before a Joint Registrar of the high court who allow­ed it to be listed for hearing on Thursday

Future Retail | Reliance Industries | Delhi High Court

Press Trust of India 

The Kishore Biyani-led group is in stake sale talks with Reliance Industries
Kishore Biyani

Kishore Biyani-led Future Re­tail moved the on Wednesday against its single judge order directing the company to maintain status quo on its Rs 24,713 crore deal with Reliance Retail, which has been objected to by US-based e-commerce giant Amazon.

FRL's appeal was men­tioned before a Joint Registrar of the high court who allow­ed it to be listed for hearing on Thursday, a lawyer associated with the case said.

Justice J R Midha on Tuesday said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.

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: Wed, February 03 2021. 23:29 IST