The Madras High Court on Friday cleared the decks for the release of Atharvaa starrer 100 by striking a compromise between its producer Auraa Cinemas Private Limited of Chennai and another production house titled 70MM Entertainment over the balance amount payable with respect to transfer of copyright of another Tamil movie titled Balloon. Justices N. Anand Venkatesh and G.K. Ilanthiraiyan permitted the release of ‘100’ subject to certain conditions. However, the purchaser of the rights had paid only ₹5.18 crore so far and the balance was not settled. Therefore, it had approached the court to injunct Auraa Cinemas from releasing 100 without paying the amount due to it. The court permitted the release subject to settlement of the dues within a stipulated time.
Source: The Hindu May 10, 2019 19:07 UTC