Singapore ruling against Future Retail is valid: Amazon to HC

The submission was made by Amazon before Justice Mukta Gupta during the hearing of FRL’s plea alleging that the e-commerce major was interfering in its Rs 24,713 crore deal with Reliance Retail on the basis of an interim order by Singapore arbitrator, SIAC.

Senior advocate Gopal Subramanium, appearing for Amazon, said the suit filed by FRL was “doubtful” and not maintainable.

Continuing his arguments from where he had left off on Tuesday, Subramanium said FRL participated in the proceedings before the emergency arbitrator (EA) and also urged it not to pass an interim order till an arbitrator is appointed on behalf of the entire Future Group. So, it cannot now say that the EA’s interim decision was invalid and not binding on it, he said. The senior lawyer said FRL ought to have approached the courts here when the notice about the emergency arbitration was got by it in early October this year, but it chose to wait till now.