Don't sell media rights: HC to court receiver | mumbai | Hindustan Times
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Don't sell media rights: HC to court receiver

The court receiver of the movie Chori Chori Chupke Chupke (CCCC), which threw up the alleged Bollywood-underworld nexus, has been asked by the Bombay High Court to not sell the electronic media copyrights of the movie.

mumbai Updated: Oct 31, 2010 01:29 IST
Urvi Mahajani

The court receiver of the movie Chori Chori Chupke Chupke (CCCC), which threw up the alleged Bollywood-underworld nexus, has been asked by the Bombay High Court to not sell the electronic media copyrights of the movie.

Justice VM Kanade asked the court receiver, who is the former investigating officer Shankar Kamble, not to finalise the agreement for creating third party rights of the movie’s electronic media copyrights till November 18.

Mega Bollywood Private Limited, which had partially financed the Salman Khan-Preity Zinta starrer and has acquired the world rights control of the film filed a petition in the high court seeking to restrain the court receiver from signing the agreement for electronic media rights for seven years beginning November 2012.

According to the petition filed by Mega Bollywood Private Limited, the company feels that the movie rights are being sold for a pittance and alleges the possibility of underhand dealings.

Additional public prosecutor Pradeep Hingorani confirmed that the high court has asked the court not to enter into an agreement and has kept the matter for hearing on November 16. Sayaji Nangre, counsel for Nizim Rizvi –— producer of the film — opposed the petition saying Mega Bollywood did not have the right to challenge the agreement.

“In any case the electronic media copyrights would come into effect from November 2012,” Nangre said.

Mega Bollywood had acquired the world rights control of the film in October 1999. It had paid Rs 12.07 crore towards its production through cheques, the petition states.

In February 12, 2001, the special court had appointed court receiver for releasing the film and deposit the proceeds in the court. Over the years, part of the proceeds from the film have been allowed to be withdrawn by the special court on applications by actor Salman Khan to clear his dues.