NEW DELHI: India’s Future Retail on Saturday filed a new case against Amazon.com Inc at the Supreme Court in its latest effort to seek clearance for its US$3.4bil (RM14.26bil) retail assets sale, which the United States firm has challenged.
The Supreme Court this month dealt a blow to Future when it said an interim decision by a Singapore arbitrator in October 2020 that put its deal with Reliance Industries on hold – following Amazon’s complaint – was valid in India.
The top court had also said Future could not appeal a lower court’s decision against it. The retailer is now asking the top court to hear the challenge, people familiar with the case said.
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