Bengaluru
US e-commerce giant Amazon has once again proposed a dialogue with Future Group to end legal battles and Kishore Biyani-led retailer Future has agreed to arrive at a resolution. The Supreme Court has given both parties until March 15 to explore a settlement through negotiations. During a hearing on Thursday, the Supreme Court told the three parties–Amazon.com, Future Retail (FRL) and its promoter Future Coupons Pvt Ltd (FCPL–to find ways to reach a settlement. Senior lawyers Harish Salve, representing FRL and Mukul Rohatgi, appearing for FCPL, agreed to the proposal.
Amazon through its counsel Senior Advocate Gopal Subramanium proposed talks with Future Retail. During a hearing before the Supreme Court, he said the “whirlpool” of litigation was being dragged for too long.
“We cannot let the spinners wheel to continue. At least have a conversation,” Subramanium told the court.
A counsel for Future Group agreed to hold talks with Amazon. The court welcomed talks saying the move is in the interest of all stakeholders. The judges said the two sides could take ten days to reach a possible solution.
“What stops Amazon to call Mr Kishore Biyani and discuss. Let me assure you no one is winning in this battle. Amazon God has to come to the ground and speak to lesser mortals like us,” said Senior Advocate Harish Salve who appeared for FRL. “No one is winning. FRL, Reliance and Amazon all have issues. I don’t know why we need a court order for a dialogue.”