New Delhi: Kishore Biyani-LED Retail Future Ltd on Saturday said it had approached the Supreme Court against orders authorized by Delhi HC to maintain the status quo in connection with the agreement of RS 24,713 Crore with Reliance Retail and directing it to enforce the order of Singapore-based emergency arbitrator.
In the submission of regulations, retail words in the future, “Please be told that the company has submitted a special leave petition before SC opposed the command that was revealed on February 2, 2021 and March 18, 2021 …
it would be registered to hear in time.” In the petition His, the word “here is the extreme urgency to hear” and “the fixed order that was revealed” passed by a single member bench Delhi HC, failed where the company would enter liquidation.
Retail of the future, in its request, said the merging scheme, which will be registered before NCLT, cannot be through HC order.
“Around RS 28,000 crore public money in the form of bank loans and debt is also at risk,” he said
Retail of the future in SC against HC commands about the Reliance deal
