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Reliance on Thursday announced a franchise deal with Pret.
The tribunal said the U.S. company concealed information when it sought approval in 2019.
However, the Centre has said the new rules were needed as cybersecurity incidents were reported regularly but the requisite information needed to probe them was not always readily available.
Indian retailers, key supporters of PM Modi, have long contended that Amazon and Flipkart's platforms benefit a few big sellers, via predatory pricing, though the companies say they comply with all Indian laws.
The league will provide a unique opportunity for emerging players to compete against the best talent in their age group from across the country.
Amazon's rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field.
On January 11, the Future Group submitted before the Supreme Court that Future Retail Ltd will sink with its 30,000 employees, if its over Rs 24,000 crore with Reliance Retail fails to reach fruition.
The bond sale is poised to become the single largest such borrowing by an Indian company.
Amazon has for months successfully used the terms of its toehold $200 million investment in Future in 2019 to block the Indian retailer's attempt to sell retail assets to Reliance Industries for $3.4 billion.
It could dent Amazon's legal position and retail ambitions, while making it easier for Reliance - the country's largest retailer - to acquire number two player Future.