Suit against 'Vishwaroopam 2' release: Kamal Haasan told to file reply by Mon

Image
Press Trust of India Chennai
Last Updated : Aug 03 2018 | 2:15 PM IST

The Madras High Court today ordered actor Kamal Haasan and his production house Rajkamal Films International to file a reply by Monday in connection with a suit seeking to stall the release of his "Vishwaroopam 2" on August 10.

When the civil suit moved by Pyramid Saimira Productions International against Haasan for recovery of Rs 5.44 crore came up for hearing, Justice C V Karthikeyan issued a notice to the actor and posted the matter for hearing on Monday.

The petitioner has said the money was paid to Haasan's production house for producing a film titled "Marmayogi" in Tamil and Hindi.

According to the petitioner, they had signed a memorandum of understanding with Rajkamal Films on April 2, 2008 for the production of "Marmayogi" at an estimated budget of Rs 100 crore.

An amount of Rs 10.90 crore was paid to Rajkamal Films in two instalments towards the remuneration of Haasan for acting, directing and writing the story, screenplay and dialogue of the film.

It was acknowledged by the actor through a confirmation letter dated September 25, 2008, the petitioner stated.

The petitioner alleged that Haasan never showed interest in commencing the production of the film even after the payment and instead tried to release another film, "Unnaipol Oruvan", by diverting the money paid to him for "Marmayogi".

However, it was stalled by the petitioner by filing a recovery suit.

The court subsequently allowed the film to be released after obtaining a bank guarantee from the actor and the suit was in the trial stage, the petitioner submitted.

"On inquiries, we are given to understand that Kamal Haasan is heavily indebted to various creditors, having borrowed huge amounts from various persons to meet the production expenses of his forthcoming film, "Vishwaroopam 2."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 03 2018 | 2:15 PM IST

Next Story