Future-Reliance deal: SC stays proceedings in Delhi High Court, orders NCLT, SEBI, CCI not to pass any orders - Business News: Latest News & Videos about market and economy | Trendmergers

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Future-Reliance deal: SC stays proceedings in Delhi High Court, orders NCLT, SEBI, CCI not to pass any orders

The SC bench was critical that the high court, without hearing all the parties concerned, imposed cost or attachment of properties in its earlier order. The FRL and FCPL have moved the top court against the Delhi High Court order of August 17 which said that it would implement the earlier order by its single-judge restraining FRL from going ahead with the deal in pursuance of the EA's award.

from Stocks-Markets-Economic Times
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