Eros Worldwide seeks stay on Action Replayy
Action Replayy, the film starring Akshay Kumar and Aishwarya Rai-Bachchan which is slated for release on November 5, is facing legal hurdle with a suit being against its producer-director Vipul Shah for non-payment of dues.mumbai Updated: Nov 03, 2010 01:16 IST
Action Replayy, the film starring Akshay Kumar and Aishwarya Rai-Bachchan which is slated for release on November 5, is facing legal hurdle with a suit being against its producer-director Vipul Shah for non-payment of dues.
Eros Worldwide FZ LLC has filed a suit in the Bombay High Court against Shah seeking payment of its Rs 6.56 crore dues, failing which, the film’s release would be stayed. Vacation judge, justice JH Bhatia, has kept the matter for hearing on November 4.
The court also suggested that the parties should try to settle their dispute amicably in these two days.
Eros filed a suit on Tuesday, through their legal firm Manilal Kher Ambalal and Co. Its petition says: “The defendant (Shah) be restrained from exhibiting, causing to exhibit, releasing, communicating to the public in any manner, exploiting, delivering the prints to any third party or in any other manner exploiting or suffering the exploitation of the film Action Replayy which is scheduled to be released in first week of November.”
Eros claimed that if their plea was not granted, then Shah might create third party rights and gain profit.
“The suit is filed over the two writings dated October 24 and October 26, 2009, and executed by Shah in our favour, under which he undertook the obligation to pay as a principal a sum of Rs 6.37 crore,” the suit states.
Eros said Shah is in a bad condition financially and is facing pressure from creditors after his last movie, London Dreams, didn’t do well at the box office.
London dreams was co-produced by Head Start India, which was a group company of Eros International Pvt Ltd.
The financial dispute arose between Eros and Shah after the latter sought that his financial liabilities be recovered from Eros, as it controlled the Head Start India.