In a recent judgment, a two-judge bench of the Supreme Court upheld the judgment of the Singapore International Arbitration Centre which had stayed the deal between Future Group and Reliance Industries Limited.

In August 2020, Future Retail had announced a business deal with Reliance Retail to which Amazon objected stating that the deal would violate the contract that Amazon had with Future Coupons, Future Retail’s promoter firm. Future Group is India’s second-largest retailer and owns and owns popular brands such as Big Bazaar. Amazon took the dispute before the emergency arbitrator of Singapore International Arbitration Centre and the emergency arbitrator stayed the $3.4 Billion deal between Future Retail and Reliance Industries. The purpose of emergency arbitration is to provide urgent relief to the parties. It is interim relief that is granted before the matter is finally adjudged.


The Supreme Court held that the emergency arbitrator’s decision was within the ambit of the provisions of the Arbitration and Conciliation Act of 1996. Section 17 of the 1996 Act stipulates a mechanism through which the parties can seek interim relief before the final judgment is delivered by the arbitration tribunal. Since the parties had agreed to the arbitration administered by the Singapore International Arbitration Centre, the decision of the emergency arbitrator was held to be valid and enforceable. The order of the emergency arbitrator under Section 17 of the 1996 At could not be challenged under Section 37 of the Arbitration Act.

The Court also referred to the Justice B N Srikrishna Committee which had recommended that emergency arbitration awards must be permitted in India. The Committee had referred to the international trend in countries such as Singapore and the United Kingdom where such awards are enforceable.

Furthermore, the apex Court held that the appeal filed by Future Retail before the Division Bench of the Delhi High Court against the order of a single judge Bench of the High Court was not maintainable under the Arbitration and Conciliation Act of 1996. The Single Judge bench had rules in favor of the execution of the emergency award of the Singapore International Arbitration Centre. The Supreme Court highlighted the importance of arbitration in reducing the backlog of cases in the Indian judiciary.

Thus, the apex Court rules in favor of Amazon with respect to both the issues.


The parties have approached the Singapore International Arbitration Center to have a final judgment delivered on the matter by the permanent bench. If the bench rules in favor of Amazon, then it would effectively put an end to the deal between Future Retail and Reliance Industries.  

In any case, the Supreme Court judgment has provided a big relief to Amazon which has been engaged in several legal disputes over the deal between Future Group and Reliance Industries. Amazon has invested $6.5 billion in India and would have suffered huge losses had the Supreme Court not intervened and ruled in favor of the execution of the emergency arbitrator’s award.

Aishwarya Says:

I have always been against Glorifying Over Work and therefore, in the year 2021, I have decided to launch this campaign “Balancing Life”and talk about this wrong practice, that we have been following since last few years. I will be talking to and interviewing around 1 lakh people in the coming 2021 and publish their interview regarding their opinion on glamourising Over Work.

If you are interested in participating in the same, do let me know.

Do follow me on FacebookTwitter  Youtube and Instagram.

The copyright of this Article belongs exclusively to Ms. Aishwarya Sandeep. Reproduction of the same, without permission will amount to Copyright Infringement. Appropriate Legal Action under the Indian Laws will be taken.

If you would also like to contribute to my website, then do share your articles or poems at

We also have a Facebook Group Restarter Moms for Mothers or Women who would like to rejoin their careers post a career break or women who are enterpreneurs.

We are also running a series Inspirational Women from January 2021 to March 31,2021, featuring around 1000 stories about Indian Women, who changed the world. #choosetochallenge

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.