Big relief to Future Group from Supreme Court, Court stays Delhi High Court’s order to confiscate assets

The Supreme Court has stayed the Delhi High Court’s order to confiscate the assets of Future Group. Kishore Biyani, promoter of Future Retail and Future Group, has got a big relief from this. The single judge bench of the Delhi High Court had ordered attachment of the property in March. It had asked the firms and promoters of the Future Group to file an affidavit for violation of the emergency arbitral award.

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