Future Retail appeals against Delhi HC’s status quo order on Reliance deal
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Beleaguered Future Group has filed an appeal against the Delhi high court order to maintain status quo in the Future-Reliance Retail deal, that was first announced last August. The appeal was filed by the group’s subsidiary Future Retail. The Kishore Biyani-led company has moved the division bench of the Delhi HC to appeal against the order from the same court yesterday, which directed status quo on the $3.4 Bn deal with Reliance.