The Supreme Court (SC) has ruled that an application against an award given in arbitration proceedings conducted in London is not maintainable in Indian courts. The apex court thus set aside the Bombay High Court view that an application against a foreign award was maintainable in India. Allowing the appeal case, IMAX Corporation vs E-City Entertainment Ltd, the SC stated the high court had erred in observing that the seat of arbitration itself is not a decisive factor in such matters. The issue arose in an agreement between the two companies under which the Canadian corporation would supply projection systems