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Madras High Court seeks stand of 'Baahubali 2' distributor on financier's plea

The Stand Of The Distributor Of Multi-lingual Film 'Baahubali 2' Has Been Sought On A Financier's Plea That It Sold Its Film Distribution Right To Another Firm Without Clearing His Rs 1.48 Crore Dues.

PTI | Updated on: 19 Apr 2017, 08:42:54 PM
Baahubali 2

Chennai:

The stand of the distributor of multi-lingual film 'Baahubali 2' has been sought by the Madras High Court on a financier's plea that it sold its film distribution right to another firm without clearing his Rs 1.48 crore dues. 

Justice K Kalyanasundaram sought K Productions' stand on plea by financier S Karthikeyan who alleged that he funded his friend N Rajarajan and K Productions' proprietor to buy the film's distribution right but he sold his rights to distribute the film in Tamil Nadu to another firm Sri Green Productions.

He further submitted that the cheque issued by K Productions for the due amount to him was returned by the with the remark that the account stands closed. 
 

On submissions by Karthikeyan's counsel, the bench issued notices, also to Sri Green Productions, authorising him to serve the same to the two firms. The notices are returnable by April 25.

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To secure his dues, the financier has sought the court's direction to K Productions to furnish security of his dues failing which to attach the share of the revenue to be earned by Sri Green productions besides the foreign and satellite rights of screening the movie.

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First Published : 19 Apr 2017, 08:23:00 PM

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