Tag Archives: Singapore International Arbitration Center

The basis of Amazon’s complaint regarding the Reliance Retail deal was its previous deal with Future Coupons where it had veto power and if that is deemed illegal it is surely a setback for the e-commerce firm, legal observers contend. In a ruling in which both sides can claim some …

Bengaluru / Mumbai: Amazon Inc. has approached the Singapore International Arbitration Center (SIAC), claiming that Future Group has breached the contract under which the U.S.-based e-commerce major took a stake in its subsidiary and requests the deal with Reliance Industries Ltd to purchase the retail assets of the Indian company …