Amazon and Future Coupons Pvt Ltd have ended a long-running legal battle after a March 13 agreement. FCPL will pay more than ₹11 crore to settle the dispute, a little over 10% of the ₹105 crore arbitration award. Both sides will withdraw legal proceedings across forums and FCPL will also drop its appeal against the Singapore arbitration ruling.
Amazon and Future Coupons Pvt Ltd have ended a long-running dispute after a March 13 agreement. As part of the settlement, FCPL will pay more than ₹11 crore—over 10% of a ₹105 crore arbitration award—and both sides will withdraw legal proceedings across forums. FCPL will also drop its appeal against the Singapore arbitration ruling.
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