Bollywood nexgenwriter lately reported that Content material Movies Productions Pvt Ltd printed a discover in Atul Mohan’s Full Cinema journal stating that they maintain 50% rights, together with Mental Property Rights, over the upcoming movie Jatadhara, as per an MoU signed by them with Prerna Arora and Shivin Narang’s Ess Kay Gee Leisure. The discover then said that since Ess Kay Gee Leisure violated the phrases of the MOU, Content material Movies Productions Pvt Ltd will take authorized motion towards them.
Jatadhara row: Director Venkat Kalyan slams Content material Movies ‘fraudulent claims’, broadcasts authorized motion
Now, Jatadhara’s author and director Venkat Kalyan has reached out to us to provide their model of the story. His assertion reads, “I, Venkat Kalyan, Director and Author of the movie Jatadhara, categorically state that the claims made by Content material Movies Productions (Mr. Rajeev Agarwal and Mr. Arvind Agarwal) relating to their alleged 50% possession of the movie’s Mental Property (IP) are false, baseless, and deceptive.
As per the Memorandum of Understanding (MoU), the 50% IP possession was contingent upon an funding of Rs. 10 crores within the movie. Nevertheless, Content material Movies Productions has contributed solely Rs. 60 lakhs in the direction of a movie with a complete price range of Rs. 20 crores. Regardless of their failure to satisfy monetary commitments, they proceed to make fraudulent claims, which constitutes a breach of contract, intentional harassment, and defamation.
Moreover, Content material Movies Productions has defaulted on their obligations associated to line manufacturing inside the agreed timeline, mismanaged accounts and misbehaved with our staff, resulting in an expert fallout.
We strongly advise all business professionals, together with actors, administrators, studios, distributors, exhibitors, OTT platforms, satellite tv for pc channels, and businesses, to ignore the deceptive claims made of their public discover.
We’re initiating authorized motion for defamation and damages towards Mr. Rajeev Agarwal and Mr. Arvind Agarwal within the Honorable Bombay Excessive Court docket.”
Feud reaches IMPPA
In the meantime, Indian Movement Image Producers’ Affiliation (IMPPA) despatched out a discover to Arvind Agarwal and Rajeev Agarwal of Content material Movies Productions Pvt Ltd on March 11. The affiliation is all set to listen to the matter within the presence of the 2 events. The discover stated that “For the reason that matter is already scheduled for a listening to earlier than the Arbitration Tribunal on March 16, 2025 at IMPPA, you might be requested to chorus from taking any actions that will complicate or additional precipitate the matter”.
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