Bombay High Court Clears Enforcement of IMAX’s Foreign Arbitral Awards Against E-City

The Bombay High Court ruled in favour of IMAX Corporation, clearing the way for the enforcement of foreign arbitral awards against E-City Entertainment.

The dispute arose from a 2000 agreement under which IMAX leased six IMAX systems to E-City, after which disputes led to ICC arbitration in London and three awards in IMAX’s favour between 2006 and 2008.

In October 2024, a single judge had refused to recognise and enforce these foreign awards.

Setting aside that refusal, the Division Bench held the awards enforceable as court decrees, rejected E-City’s objections, restrained it from dealing with its assets, imposed ₹5 lakh costs, and allowed execution proceedings to continue on January 16.