Madras High Court refuses to grant stay for the release of Baahubali 2
The Madras High Court has refused to grant any stay for the release of the mega-budget film Baahubali 2 scheduled for release on April 28.
By : migrator
Update: 2017-04-13 13:33 GMT
Chennai
Chennai-based ACE Media, in its civil suit against M S Sharavanan of Sri Green Productions, submitted that the latter had taken theatrical exhibition rights of the Tamil version for the entire Tamil Nadu territory. In January, 2016, he had approached ACE for a loan of Rs.1.18 crore, to be paid to Prabhu Deva Studio Pvt Ltd, on the promise that he would return the amount with an additional sum of Rs 10 lakh before the release of Baahubali 2.
ACE Media proprietor claimed that he found Sharavanan trying to sell theatrical exhibition rights to third parties and that negotiations took place on April 9 during the film's audio release.
When asked about it, he was informed that the amount would be given after the release. On the contrary to the terms of the February 1, 2017 agreement, ACE said it's inquiries revealed that the debtor had no intention of returning the money and that he was colluding with third parties to release the film in the name of third parties.
He sought a stay on distribution, exhibition and release of Baahubali 2 in any form anywhere in Tamil Nadu without settling the dues. The judge ordered notice to Sharavanan of Sri Green Productions and posted the case for further hearing to April 18.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android