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The Latest Breaking News from FCPL

SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penalty

The Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal with Future Coupons Pvt Ltd. This decision overturns a previous order by the National Company Law Appellate Tribunal. The Competition Commission of India's order imposing the penalty…

The Economic Times

Amazon likely to challenge NCLAT order in Supreme Court

NEW DELHI: Amazon is likely to move the Supreme Court against the National Company Law Appellate Tribunal (NCLAT) order which rejected its plea challenging the Competition Commission of India’s (CCI) suspension of approval of the US e-tailer’s investment in Future Coupons (FCPL).

The Times of India

NCLAT reserves order on Amazon's plea against CCI ruling

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons.

The Times of India

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Future Retail's shareholders' meet to approve Reliance deal is 'illegal': Amazon

NEW DELHI: Amazon has written to Big Bazaar-parent Future Retail alleging that the upcoming meetings of its shareholders and creditors for the approval of the retailer’s proposed Rs 24,700-crore deal with Reliance Retail is “illegal”.

The Times of India

Amazon seeks SC order for resumption of arbitration & preservation of FRL assets

NEW DELHI: US e-commerce major Amazon Wednesday apprehended the “disappearance” of assets and sought an interim order from the Supreme Court to ensure the preservation of assets of Future Retail Ltd besides resumption of arbitration over FRL's merger deal with Reliance Retail.

The Times of India

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT in Future case

NEW DELHI: Amazon on Friday questioned Competition Commission's decision to keep in abeyance the more than two-year-old approval for the e-commerce major's deal with Future Coupons Pvt Ltd (FCPL), arguing that the regulator does not have the power to keep its own order in abeyance.

The Times of India

NCLAT to hear Amazon's interim plea to stay CCI order suspending Future Coupons deal approval

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) will hear e-commerce major Amazon's interim plea on February 14, seeking a stay over the order passed by fair trade regulator CCI that had suspended the over two-year-old approval for its deal with Future Coupons Pvt Ltd (FCPL).

The Times of India

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SC to pronounce verdict on pleas of Future group firms in Amazon-Future case

The bench had reserved the judgement and had said that it wanted to send the case back to the Delhi HC to render a finding on the enforceability of the SIAC award restraining FRL's sale of assets to Reliance Retail

The Hindu

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