The National Company Law Appellate Tribunal has refused to stay the Competition Commission of India’s order against UFO Moviez India, Scrabble Digital, and Qube Cinema for anti-competitive “tie-in” clauses in their equipment lease agreements with cinema owners.
These clauses mandated exclusive sourcing of content, restricting competition in post-production and digital cinema services.
NCLAT dismissed the companies’ plea for interim relief and ordered them to deposit 25% of the ₹2.69 crore penalty within two weeks.
NCLAT noted no irreparable harm would arise from enforcement. Written replies are due in four weeks, with rejoinders due two weeks afterwards
a month ago
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