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The timeline of this case goes back to 2019 when Future Retail had signed a bond with Amazon, the American e-commerce giant, letting Amazon acquire Future Coupons, a giant 49 per cent stake. Future Coupons was a promotor group of Future Retail. This indicates that Amazon indirectly owned 3.58 per cent of Future Retail.

WHAT IS CODE OF ETHICS? A code of ethics is a set of guidelines that are designed to set forth acceptable behaviours for members of a particular group, association, or profession. Many organizations govern themselves with such a code of ethics, especially in case of sensitive issues like investments, health…