The NCLT accepted the petition filed by Mumbai-based CloudWalker Streaming Technologies, an LED TV supplier to Flipkart.
In January, Walmart told the US government privately that India's new rules were regressive and had the potential to hurt trade ties.
Detailed questionnaires have been sent to Flipkart, Amazon and their response is awaited, said commerce minister Piyush Goyal.
Flipkart did not comment on the investments planned for the new venture.
Paytm will consider getting listed on stock exchanges only after 2021 when the financial services company starts generating cash.
...both Amazon and Flipkart in a clandestine manner refuted the issues raised by us even after showing relevant evidences, said CAIT.
In the first phase of the festive sale, E-commerce companies are estimated to have registered sales of close to USD 3 billion.
Amazon reported record sales of about 7.5 billion rupees (USD 7.07 million) in 36 hours in the premium smartphone brands category.
Flipkart has added over 50,000 direct jobs across its supply chain, logistics arm and customer support.
A great deal of consumption appetite is coming from Tier II and III markets said Flipkart's CEO Kalyan Krishnamurthy.