Home / Arts and Entertainment / Court Halts 'Akhanda 2' Release Over Rs28 Crore Debt
Court Halts 'Akhanda 2' Release Over Rs28 Crore Debt
4 Dec
Summary
- Madras High Court injuncted the release of the film Akhanda - II.
- Eros International Media Limited holds a Rs28 crore arbitral award.
- The order prevents release, distribution, or commercial exploitation.
The Madras High Court has issued a significant order, granting an injunction against the release of the cinematograph film Akhanda - II. This judicial intervention was sought by Eros International Media Limited in relation to an arbitral award, under which they are owed a substantial Rs28 crore. The court's Division Bench considered Eros's plea for urgent interim measures to enforce this award.
Eros argued that the planned release of Akhanda - II by a related entity, 14 Reels Plus LLP, was an indirect maneuver to evade compliance with the legally determined financial obligations. Following extensive arguments presented by Eros's legal counsel, the court decided to grant the injunction.
Consequently, the release, distribution, and any form of commercial exploitation of Akhanda 2 are now restrained. This prohibition remains in effect unless the Court issues subsequent orders permitting otherwise, effectively freezing the film's market entry until the debt is addressed.
