18 March 2021 12:03 PM GMT
The Delhi High Court on Thursday allowed the application field by Amazon to enforce the emergency award against the Future-Reliance deal.The High Court held that the emergency arbitrator is an arbitrator for all the intents and purposes under Section 17(1) of Arbitration and Conciliation Act and an order passed by such an emergency arbitrator is enforceable under sec. 17 (2) of the Act.A...
"The respondents are directed not to take any further action in violation of the interim order dated 25th October, 2020. The respondents are further directed to approach all the competent authorities for recall of the orders passed on their applications in violation of the interim order dated 25th October, 2020 within two weeks. The respondents are directed to file an affidavit to place on record the actions taken by them after 25th October, 2020 and the present status of all those actions at least three days before the next date of hearing. Respondents No.3 to 11 shall remain present before this Court on the next date of hearing." The Court directed the respondents.
Amazon was represented by:
Gopal Subramanium, Gourab Banerji, Amit Sibal, Rajiv Nayyar and Nakul Dewan, Sr. Advs, and Pawan Bhushan, Hima Lawrence and Ujwala Uppaluri from Mr Subramanium's Chamber.
FRL was represented by Mr Harish Salve and Darius Khambata, Sr. Advs
The promoters of FRL were represented by Vikram Nankani, Sr. Adv.
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