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E-vendor group files caveat in SC, Retail News, ET Retail

Flipkart probe: E-vendor group files caveat in SC Bengaluru: Following the National Company Law Appellate Tribunal (NCLAT) order last week to begin a probe into Flipkart for abuse of its dominant position, the All India Online Vendors Association (AIOVA) has filed a caveat in the Supreme Court against the Walmart-owned e-tailer. The move by AIOVA, the group representing small e-vendors, comes in anticipation of Flipkart challenging the NCLAT order in the SC. TOI has reviewed the filing.

A caveat is a notice submitted in anticipation by a person or an entity, informing the court that another person or entity may file a lawsuit or application against them and that the court should give the caveator (the person who has filed the caveat) a fair hearing before deciding on the matter brought in front of the court.

Interestingly, soon after acquiring 77% stake in Flipkart in 2018, Walmart had also filed caveats in the Delhi HC against the RSS-affiliate Swadeshi Jagran Manch (SJM) and Confederation of All India Traders (CAIT), entities which had opposed the acquisition of the homegrown e-tailer by the US brick-and-mortar retailer.

An AIOVA spokesperson confirmed it filed the caveat on Saturday. Flipkart did not respond to a query emailed by TOI.

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