Future Retail may use CCI order to get Amazon cases quashed

Future Retail Ltd (FRL) is likely to approach various courts and tribunals including the Supreme Court, National Company Law Tribunal (NCLT) and the Singapore International Arbitration Centre (SIAC), bringing to their notice the latest order by the Competition Commission of India (CCI) that has put Amazon’s investment into a Future Group promoter company in limbo. The company is likely to ask the courts to ‘terminate’ all pending cases related to the sale of its retail assets to Reliance Retail, in the wake of the CCI order, two people familiar with the matter said.