Global Impex vs Sipping Tea Cinemas LLP

22.CARBPL.21599.2025 (corrected).doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION (L) NO.21599 OF 2025 M/s Global Impex ….Petitioner Versus M/s Sipping Tea Cinemas LLP ...Respondent Mr. Ashish Kamat, Senior Advocate a/w. Shrey Fatterpekar i/b. Shon Gadgil, Advocates for Petitioner”. Mr. Virendra Tulzapurkar, Senior Advocate along with Mr. Mandar Soman for the Respondent. CORAM: SOMASEKHAR SUNDARESAN, J. DATE : AUGUST 4, 2025 ORAL JUDGMENT: Context and Factual Background: 1. This Petition is filed under Section 9 of the Arbitration and Conciliation Act, 1996 (“the Act”) seeking urgent interlocutory intervention in connection with an Investment and Assignment of Rights Agreement dated April 24, 2025 (“Agreement”) entered between the parties. 2. Under the Agreement, the Petitioner, M/s Global Impex (“Global Impex”) has agreed to provide the Respondent, Sipping Tea Cinemas LLP (“Sipping Tea”) with an investment of Rs.5 crores to finance a AUGUST 4, 2025 Aarti Palkar (This order is corrected pursuant to speaking to the minutes of order dated August 11, 2025.) 22.CARBPL.21599.2025 (corrected).doc movie tentatively titled C