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Amazon Arbitration: Four options available for Kishore Biyani’s Future

Updated : October 28, 2020 09:11 PM IST

The Future group, with its back against the wall and with the clock ticking on the Rs 24,700 crore deal, may be wary of waiting for the Arbitral Tribunal.
If the Future Group chooses to not wait for the Arbitral Tribunal, it can contest the applicability and enforceability of the interim directions in an Indian High Court.
Given the lack of recognition and enforcement of an emergency arbitrator’s directions, Future Group could simply proceed with the said transaction, while considering an appeal when the Arbitral Panel is finally constituted.

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