After hearing the detailed arguments, counsel on record for Tridant Ravi, Vijayan Subramanian, advocate krishna ravendran for vishal and advocate Ananthu for Director anandan, Madras High court asked vishal to furnish security to a sum of Rs. 8,29,57,468/- and posted on 9.10.2020 to report on furnishing security.Vijayan Subramanian counsel for Tridant ravi filed a pen drive containing the Trailer of chakra film.Vijayan Subramanian counsel for Tridant ravi filed a pen drive containing the Trailer of chakra film. Justice p t Asha saw the trailor
Vishal undertaken that the business of theatrical exploitation of the film action will be a guaranteed return of Rs. 20 crores from the state of Tamil Nadu, Andhra Pradesh, Telangana.
The total realisation from the theatrical exploitation of the
film “Action” was Rs. 11,70,42,532/- and there is a shortage of Rs. 8,29,57,468/-. as per Clause 2 of the MOU dated 07/06/2019, Respondent vishal agreed that, in case if the Applicant cannot collect the assured amount of Rs. 20 crores, the shortage amount shall be paid by the Respondent to the Applicant within 30 days from the general release of the said film.Vishal krishna didnt pay
Director ananadan entered into a director engagement engagement with Tridant Arts M.Ravindran for the story and script of chakra. All Rights given to Tridant Arts by director. Chakra Trailer released on 27.6.20 which shows the same story for which Tridant Arts holds rights.
Vijayan Subramanian counsel for Tridant ravi filed a pen drive containing the Trailer of chakra film. Justice p t Asha saw the trailor.