It was all set that Tamil film “Vaalu” will release this EID weekend on Friday 17th with another Tamil film “Maari”. Even the source makes sure that “Vaalu” will release this Friday in Tamil Nadu, Kerala, Karnataka, Puducherry and Karaikal through any person or company other than the petitioner Magic Rays of Chennai, pending disposal of a suit. But reportedly, the Madras High Court granted interim injunction against the release of Tamil movie Vaalu starring Silambarasan aka Simbu, Santhanam and Hansika.
Kollywood Film Vaalu Delayed; Maari Gets Solo Release
On July 17 in Justice K. Ravichandra Baabu, before whom the petition filed by Magic Rays, represented by its partner Sasikala, came up, said in his order” as I find that a prima facie case is made out for the grant of interim injunction and in view of the fact that the film Vaalu is scheduled to be released on July 17, there shall be an order of interim injunction as prayed for, pending disposal of the suit”.
Magic Rays filed for a permanent ban restraining NIC Arts from in any manner infringing their copyright in respect of the exclusive distribution and theatrical release rights of the film pending disposal of the suit.
NIC Arts had entered into a contract with the Magic Rays assigning the rights of theatrical distribution and management of Vaalu in Tamil Nadu, Puducherry, Karaikkal, Kerala and Karnataka, on outright royalty lease basis for the period in perpetuity for the agreed consideration of Rs 10 crore, which is non-refundable. A sum of Rs five crore was already paid as on the date of signing of the agreement.
Maari Movie Details
Detailing various expenses, the petitioner claimed that a total sum of Rs.9,53,55,000 was paid by the Magic Rays, apart from the retention of Rs one crore towards printing and promotion expenses.
The petitioner said the film was now scheduled for global release on July 17. As per the agreement, NIC Arts has to issue necessary Lab Letter to Magic Rays to get the positive prints. But, all of a sudden, they were avoiding Magic Rays, it was alleged.On inquiry, it came to light that the producers planned to release the film through some third parties, which is in violation of the agreement dated May 29.
Hence the petition was filed seeking permanent injunction on the film’s release, the petitioner said.
Audiences are excited by the way for the release of “Maari” Dhanush starring and now the makers of film “Maari” confirmed that the flick will have solo release for the week.
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