ECONOMY

Amazon Vs Future Retail Day 2: Arguments On Enforcement Of Emergency Arbitrator’s Award

Amazon Says Enforcement Order Couldn’t Have Been Appealed

Senior Advocate Gopal Subramanium argued that Future Retail couldn’t have filed an appeal against the order of enforcement by the single judge bench of the high court.

Subramanium said the emergency award is covered under Section 17 of the Arbitration and Conciliation Act, 1996, and the appeal against orders passed under this section can be filed as per Section 37.

Section 37 allows for any appeal against the interim order of a tribunal recognised under Section 17 of the act.

In this case, Subramanium argued, the award of the emergency arbitrator wasn’t challenged in any court by the Future Group companies.

That being the case, there couldn’t have been a challenge to the enforcement order passed by the single judge bench, Subramanium said.

However, Sumbramanium added, Future Retail declared the award to be a nullity even when it was a valid award under the Indian law.

Earlier, Subramanium defended the validity of the emergency arbitrator’s order and told the court that there is no provision in the Arbitration Act that says there cannot be an emergency arbitrator.

How can it be that no one filed an appeal and the order stands but it can still be flouted, asked Subramanium.

The arbitration tribunal set up in Singapore last week heard the plea seeking the vacation of the emergency arbitrator’s order. The tribunal also heard arguments on whether Future Retail can be made a party in the arbitration proceedings between Future Coupons Pvt. and Amazon.

Salve told the bench that the order of the tribunal would be out in a few days.

Salve argued that depending on the tribunal‘s ruling on the injunction on the transaction either of the parties have the option of filing the appeal under Section 37 of the Arbitration Act.

Future Retail also told the bench that as per them the order of the emergency arbitrator is not covered under the definition of interim award of a tribunal under Section 17.

Salve also added that Section 37 did not bar any appeals under the course of execution of an award.

Harish Salve was midway in his arguments when the bench rose for the day. The hearing in front of Justice Rohinton F Nariman and Justice BR Gavai will continue on Tuesday.

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