EXCLUSIVE: Bombay High Court sets aside IMPPA’s award against Nikhil Dwivedi’s Saffron Magicworks
In a significant legal victory for producer Nikhil Dwivedi’s Saffron Magicworks, the Bombay High Court has set aside an award dated July 3, 2026, passed by the Indian Motion Picture Producers’ Association (IMPPA) against the production house, bringing the proceedings in the present suit to an end. According to a statement issued by Saffron Magicworks, the court set aside the impugned award passed by IMPPA’s Dispute Resolution Committee (DRC), with the court recording that the suit stood disposed of and nothing further survived for consideration in the pending applications. The development follows an interim order dated September 9, 2026, passed by Justice Arif S Doctor, under which the court had restrained IMPPA from declaring Saffron Magicworks a defaulter consequent to the disputed award until further orders. The September order had also recorded a statement made on instructions by counsel for Defendant No. 2 that the party would not act upon the impugned award. Saffron Magicworks h...