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Future moves SC to seek stay on Singapore arbitration panel's decision

NCLT stays Future group shareholders' meet

The Kishore Biyani-led group is in stake sale talks with Reliance Industries
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Future Retail said apart from the company, its promoters have also oved the top court against the Delhi High Court order.

Dev Chatterjee Mumbai
The Future group on Monday moved Supreme Court to appeal against a Delhi High Court, which had endorsed a Singapore arbitration panel’s decision to freeze the ~24,700 crore transaction with Reliance Retail. 

American retail giant Amazon, which owns 9.9 per cent stake in Future Courpons Pvt Ltd a promoter entity of Future Retail, had sought to block the Reliance Retail and Future deal saying the deal violates Amazon and Future's no compete deal.

In a statement to the stock exchanges, Future Retail said apart from the company, its promoters have also oved the top court against the Delhi High Court order.

Meanwhile, in