This judgment is about the Bombay High Court refusing interim relief to a production house seeking to bypass a negative covenant in a film assignment agreement, holding that a change in shareholding does not automatically release a named party from its written contractual obligations.

Case Snapshot

• Case Name: Phantom Studios India Pvt. Ltd. v. Allu Mantena Media Ventures LLP & Ors.

• Citation / Neutral Citation: COMM ARBITRATION PETITION (L) NO.16884 OF 2026; 2026:BHC-OS:23734

• High Court: High Court of Judicature at Bombay (Commercial Division)

• Bench: Hon’ble Mr. Justice Amit Borkar

• Date of Judgment: 03.11.2026

• Area of Law: Arbitration & Conciliation Act, 1996 — Section 9; Indian Contract Act, 1872; Negative Covenants

Judgment Headline

Bombay High Court Refuses to Release Film Studio from Negative Covenant After Shareholding Change

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