TIWN
New Delhi, Sep 4 (TIWN) The Supreme Court on Friday said it will give a date on Future Retail Ltd's (FRL) fresh appeal challenging the Delhi High Court order, which asked it to implement its earlier direction restraining the firm from going ahead with its Rs 24,731 crore merger with Reliance Retail.
A bench headed by Chief Justice N.V. Ramana told counsel representing the FRL: "Let me look into the file and I will give a date."
Senior advocates Harish Salve and Mukul Rohatgi, representing the FRL, sought early hearing on the appeal from the bench, also comprising Justices Surya Kant and A.S. Bopanna. The counsel sought early hearing on appeal, as the high court would go ahead with the enforcement of Emergency Arbitrator's (EA's) award, if stay is not granted in its favour by the apex court.
Salve argued that the high court order will have far-reaching consequences and added that the FRL's appeal be heard on September 9, as the high court is scheduled to hear the matter on September 16.
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