Currently embroiled in a legal dispute between Percept Picture Company and UTV Motion Pictures, Amitabh Bachchan’s Johnny Mastana (previously titled Shoebite) might find a way out. It is believed that the two corporate companies are considering an out-ofcourt settlement.
According to an industry source, the idea was proposed by UTV after the Delhi High Court decided in favour of PPC and issued an injunction against the producers of Johnny Mastana from going ahead with the project until the final verdict.
“The film is over 60 per cent complete. It’s too late for UTV to back out. So they have extended an olive branch to PPC, to sort out differences out of court. UTV has offered PPC a settlement of Rs 10-12 crore in return for the subject and set-up including director Shoojit Sircar whose debut Yahaan was produced by PPC, and lead actor Amitabh Bachchan,” the source revealed.
Shailendra Singh, head of PPC, declined to comment, saying there was another hearing scheduled for September 3.
However, an insider at PPC admitted that the possibility of resolving the issue was on the cards.
“But the terms and conditions are yet to be ascertained. Hopefully things will be sorted out before the court date early next month,” he said.
Original idea Initially, PPC was to produce a film called Johnny Walker, directed by Sircar with Bachchan in the lead.
But the deal between the corporate company and Bachchan fell through.
Following this Sircar reportedly took the subject to UTV which agreed to produce it with Bachchan and renamed the film Shoebite (it was recently reretitled Johnny Mastana).