The matter pertains to the agreements between Future Coupons Limited (FCL), Future Retail Limited (FRL), Amazon, and Reliance Industries Ltd. Agreements came to be executed amongst FRL, FCL and Amazon. These were (i) a Share Holders Agreement, between FRL and FCL, (ii) a Share Holders Agreement, between FCL and Amazon and (iii) a Share Subscription Agreement, between FCL and Amazon. The plea has been filed against the interim order passed by the Arbitral Tribunal in the Rs. 24,000 crore stake deal matter, taken place between Future and Relience. The High Court opined that the interim awards of Arbitral Tribunals are, therefore, amenable to challenge under Section 34 of the Arbitration and Conciliation Act, 1996, without waiting for the final award to be passed. The Court clarified that it has not expressed any opinion on the merits of the controversy between the parties and that the arbitral proceedings may continue unimpeded and uninfluenced by any observation contained in this judgment.