FRL deal: HC stays established order order

New Delhi, February 8

The Delhi HC on Monday stayed its single-judge direction to Future Retail Ltd (FRL) and various statutory authorities to maintain status quo with regard to the Rs 24,713-crore deal with Reliance Retail. It said bodies like NCLT, CCI and SEBI cannot be restrained from proceeding in accordance with law with regard to the deal. — PTI

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