The Supreme Court on Tuesday heard the Future Group plea challenging the Delhi High Court's order dated October 29 that had rejected its plea for an interim stay on the Singapore Arbitration Tribunal order that declined to interfere with the Emergency Award restraining it from going ahead with the Reliance deal.
The bench while directing the respondents to maintain the status quo till the pronouncement of the order noted, “this Court is satisfied that immediate orders are necessary to protect the rights of the petitioner till the pronouncement of the reserved order.”