amazoncom inc has mounted a legal challenge against its partner future groups 34 billion retail assets sale in the supreme court three sources told reuters on thursday marking the us firms latest effort to block the dealamazon locked in legal disputes with future alleges the indian firm violated contracts by agreeing to sell its retail assets to reliance industries last year future denies any wrongdoinga new delhi court this week dealt a blow to the us firm by revoking a previous court decision that effectively blocked the deal and amazon has filed an appeal against it in the supreme court in the capital city the three sources said advt amazon and future did not immediately respond to a request for commentthe legal fight over futures assets has embroiled two of the worlds richest men amazons jeff bezos and reliances mukesh ambani the final outcome is seen shaping indias pandemichit shopping sector and will determine if amazon is able to dent the dominance of market leader reliancein the new delhi court amazon had argued that an october decision by an arbitrator who had put the futurereliance deal on hold is enforceable while a delhi court judge ruled in amazons favour recently effectively blocking the deal that decision was overturned by a twojudge bench on mondayamazon will argue in its supreme court challenge that the arbitration order is valid one of the sources saidthe dispute centres around futures decision in august to sell its retail wholesale and some other businesses to reliance for 338 billion including debtamazon argues that a separate 2019 deal it had with a future unit had clauses saying the indian group couldnt sell its retail assets to anyone on a restricted persons list including reliancefuture indias secondlargest retailer with over 1700 stores has said it will be pushed towards liquidation if the deal falls through reuters published on feb 11 2021 at 1117 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etretail app get realtime updates save your favourite articles scan to download app reliance future retail deal amazon mukesh ambani supreme court reliance retail future retail jeff bezos homenewsamazon appeals to supreme court in future deal dispute sources