You are here: Home » Current Affairs » News
CV Ananda Bose to take oath as new governor of West Bengal on Wednesday
Business Standard

Delhi HC rejects Future Group's plea to terminate arbitration before SIAC

On November 17, the Supreme Court had said that it would not allow stalling of arbitrary proceedings between Future Group and Amazon before the SIAC

Future Group | Amazon | Arbitration

BS Web Team  |  New Delhi 

Future Retail
Photo: Shutterstock

The Delhi High Court on Tuesday dismissed Future Group's plea seeking termination of the proceedings initiated by before the Singapore International Court (SIAC), as reported by Bar and Bench.

Justice C Hari Shankar said that he has not expressed any opinion on the merits of the arguments raised by the parties and that the before the SIAC will continue.

On November 17, the (SC) had said that it would not allow stalling of arbitrary proceedings before the SIAC.

"You ( and others) cannot keep stultifying the proceeding before the arbitral tribunal and this is just a ploy to delay the proceeding. These are all ploys by well-heeled parties to delay the arbitration proceeding. Your client is trying to be too clever by half," a bench comprising Chief Justice of India DY Chandrachud and Justices Hima Kohli and JB Pardiwala had said.

is reportedly not in the favour of stalling the arbitral proceedings. The in October filed a plea in the Delhi High Court to challenge the decision of the Arbitral Tribunal to put a stay on the final hearings.

argued that the tribunal's order was a "stark abdication of jurisdiction" as the SC had already ordered to pass the orders.

"This approach has in essence rendered the hearings on the termination applications an exercise in redundancy for it is the same arguments and pleading which will be regurgitated in the final hearing, putting the Petitioners to considerable prejudice in terms of cost as also time," said the plea said, according to LiveLaw.

later moved the SC asking for permission to get the arbitration proceedings restarted before the tribunal. It was in this case that DY Chandrachud said that the Future Group was intending to stall the proceedings.

Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, November 22 2022. 11:12 IST