Delhi High Court refuses to pass interim ruling against SIAC decision

The Singapore International Arbitration Centre (SIAC) had last week dismissed a petition by Future Retail Ltd (FRL) asking the arbitrators to lift the October 2020 stay on the ₹25,000-crore deal to sell its assets to Reliance Retail. A day earlier, the SIAC had dismissed another petition by FRL to remove it as a party to the ongoing arbitration in Singapore.

via Economictimes

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