The Singapore International Arbitration Centre on Sunday rejected the emergency arbitration petition filed by Japanese major Sony against Zee Entertainment Enterprises over their failed merger, citing lack of jurisdiction, said a source privy to the development. Sony Pictures Networks India had filed the petition against Zee Entertainment after terminating their merger that would have created a $10 billion entertainment giant with 25 per cent of the market share among the general entertainment channels. The litigation between Zee and Sony started after Sony sought $90 million as termination fees from Zee, saying it did not comply with several pre-conditions set in the merger agreement. Zee denied Sony's allegations and made counterclaims against the Japanese firm at the SIAC. A parallel litigation was also initiated in the National Company Law Tribunal in Mumbai by a Zee shareholder. The NCLT has given three weeks to both Zee and Sony to file their replies. The matter will be heard next month.