Haroon Shinwari, a spokesman for the Election Commission, says its panel of judges issued an arrest warrant for Khan on Thursday.
"We have chose to challenge the ECP order today because it is illegal and the commission has no jurisdiction to issue any arrest warrants for a political leader", Khan's spokesman Naeemul Haq told Anadolu Agency. He said the decision was hastily announced without determining the jurisdictions.
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Earlier, a bailable warrant was issued against the PTI chief when he reportedly failed to appear before the court.
In the previous hearing, the PTI chief, in his reply submitted through his lawyer Babar Awan, stated that "I respect the ECP and believe in the supremacy of institutions".
However, the PTI approached the IHC which, on September 20, suspended the bailable arrest warrants.
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Later, the ECP adjourned the hearing until Oct 26.
In a written response that accompanied the documents, Imran said that he had mentioned the transfer of the money from his account to Jemima's in financial documents submitted before the Election Commission of Pakistan in 2003.
The case was filed against Khan by PTI dissident and one of the party's founding members, Akbar S. Babar, reports Dawn news.
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Several times since then, Imran has accused the ECP, among other government bodies, of being compromised and working for the benefit of Nawaz Sharif, the former prime minister and head of the ruling party, the Pakistan Muslim League-Nawaz.