The Kishore Biyani-led group firm, Future Retail Ltd (FRL) had filed an appeal before the higher bench of the same high court against the orders passed by a single-member bench of Justice J R Midha, the company said in a regulatory filing.
The bench listed the matter for further hearing on April 30.
It also stayed the single judge order asking for attachment of assets of Future Group’s Kishore Biyani and others and directing them to appear in the court on April 28.
The single judge’s order had come on Amazon’s plea seeking direction to order enforcement of the award by Singapore’s Emergency Arbitrator’s on October 25, 2020, restraining Future Retail from going ahead with its ₹ 24,713 crore deal with Reliance Retail.
Shares of Future Retail zoomed 9.94% to Rs 61.4 against previous close of Rs 55.90 on BSE. The Future Group stock has gained after 6 days of consecutive fall.