A bench of justices A R Dave and Dipak Misra allowed him to withdraw the plea after he submitted that the petition has become infructuous as the movie has been released today.
Senior advocate Harish Salve, appearing for Sippy, submitted that he would agitate his case in a suit and would claim damages.
Sippy had moved the apex court challenging the Bombay High Court's order refusing to stay the release of the film.
Sasha, who is the son of Ramesh Sippy's brother Vijay Sippy, had recently announced making a 3D version of the movie which is to be distributed by Jayantilal Gada.
In the high court, Sasha had argued Sippy had no rights over the movie and he could not oppose the production and release of Sholay's 3D version.
Sasha and other members of the Sippy family contended they were associated with Sholay Media and Entertainment Pvt Ltd formed in 2000.
Sasha and others had contended that in the year 2000, Sholay Media and Entertainment Pvt Ltd came into being and rights of the movie were transferred to this company by Sippy Films Pvt Ltd through a gift deed.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
