The Bombay High Court has granted a stay on Raveena Tandon's upcoming film Maatr because its producer Anjum Rizvi is yet to pay YT Capital his dues.
An order was passed by Justice Gautam Patel against both Rizvi and T-Series Film which disallows the film or its negatives to be parted with. Film financier Raju Shah got the injunction on the film, preventing it from releasing until the producer pays his debts.
Furthermore, Rizvi has also been prevented by the court from selling seven of his previous films, John Day, India Metro, A Flat, Fast Forward, A Wednesday, Ahista Ahista and Charges: A Joint Effort.
YT Capital previously filed a case against Rizvi when he was unable to repay the amount of Rs 2 crore for Katha, a film that never released. According to the agreement between the producer and YT Capital, the latter would have rights over all movies made by him the past and future until he paid his dues.
Shah's lawyer Rajiv Narula said, "The makers of the film will not be able to release the film till they return Rs 2 crore that are due to pay to Shah," to Mid-Day.
The court also observed that Rizvi had not appeared before the court when summoned. A copy of the injunction order will be given to producer on 4 April, and a further hearing will be held on 10 April.
Maatr tells the story of a mother who must bring her daughter's rapist to justice. It was scheduled to release on 21 April, 2017.
Published Date: Apr 01, 2017 03:59 pm | Updated Date: Apr 01, 2017 03:59 pm