Both Future Retail and Reliance said they need to continue with the deal without delays.
India’s Future Retail said on Sunday that a Singapore arbitrator’s order in its dispute with Amazon isn’t enforceable under Indian law and not binding on the corporate .
Amazon didn’t immediately answer an invitation for comment. The Future Retail on Reliance Deal Says that the Amazon Dispute Order Not Binding
In its Sunday filing, Future Retail said it had complied with all regulatory requirements and urged the market regulator and therefore the Indian stock exchanges to still review its affect Reliance for approval.
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