Bombay HC rules in favour of IMAX, clears way to enforce arbitral awards against E-City
The Bombay High Court has ruled for IMAX Corporation in its arbitration case against Subhash Chandra's E-City Entertainment. This decision allows for the enforcement of foreign arbitral awards against the company. The court rejected E-City's objections. E-City Entertainment is restrained from dealing with its properties and assets. The court imposed costs on E-City Entertainment.