Amazon moves Delhi High Court seeking attachment of Future assets, detention of Kishore Biyani

    Amazon moved the Delhi High Court for the enforcement of the Emergency Award in order to restrain Future Group from executing the deal with Reliance Retail.

    Amazon has sought directions to attach the assets of Future Group companies, Kishore Biyani and other related parties and also prayed for their detention in civil prison.

    In the petition, Amazon pointed out that in the order dated December 21, the High Court prima facie held that the Emergency Award was valid under the Indian law.

    It was alleged that Future Group has deliberately disobeyed the Emergency Award in spite of participating in the arbitration proceedings.

    Thereafter, Amazon prayed for an injunction to prevent Future Group and its officials from taking any further steps in the deal with Reliance.

    The High Court learned that Amazon has already filed an appeal before the Division Bench for the limited purposes of challenging the prima facie observations regarding the validity of the board resolution approving Reliance-FRL deal and conflation of various shareholding agreement between Future Group companies and Amazon.

    It is likely that the petition will be listed for hearing this week.