Next Radio Limited v. Indian Performing Rights Society Ltd.
Case brief
What is this about?
Section 34 Arbitration and Conciliation Act 1996 challenge withdrawn; Delhi High Court; Justice Jyoti Singh; O.M.P. (COMM) 479/2023 and O.M.P. (COMM) 494/2023; Next Radio Ltd versus Indian Performing Rights Society Ltd (IPRS); arbitral award dated 03.08.2023; amicable settlement during pendency; disposal as withdrawn; refund of Rs 1.5 crores court deposit made in compliance with order dated 04.08.2011 in OMP No. 302/2006 with upto date interest within three weeks; copyright royalty/licence fee dispute over exploitation of copyrighted works; IPRS entitlement to issue licences and collect fees/royalties post-2012 Copyright Act amendment left open; order expressly declared non-precedent; award directions (Rs 2,76,01,693 refund claim disallowed; counter-claims disallowed) not adjudicated.
What did the court decide?
Petitions disposed of as withdrawn pursuant to the settlement taken on record; Registry directed to refund Rs. 1.5 crores lying deposited in this Court in compliance of order dated 04.08.2011 in O.M.P. No. 302/2006, with upto date interest accrued thereon, to Next Radio Ltd. within three weeks; order expressly not to be treated as a precedent; all rights/contentions and legal remedies, including IPRS's entitlement to issue licences and/or collect/receive fees/royalties after 2012, left open.