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MUMBAI: The Delhi High Court has rejected
a plea by Reliance ADAG's Big Entertainment
seeking a stay on Nagesh Kukunoor's directorial
venture Aashayein, starring John
Abraham as the lead protagonist.
Big
Entertainment, which had made a part-payment
of approximately Rs 40 million towards the
acquisition of the distribution rights of
the film, approached the court alleging
that Percept Ltd and Super Cassette Industries,
the co-producers of the film, had misrepresented
facts and changed the storyline from the
previously agreed upon script while signing
the agreement.
Meanwhile, while disposing off the plea,
the court has asked the co-producers to
pay 30 per cent of the paid amount in proportions
of 15 per cent each as compensation to the
company.
Earlier
in June 2008, Big Entertainment had signed
a distribution agreement with co-producers
Percept Ltd and Super Cassette Industries
for theatrical, non-theatrical, world satellite,
television and overseas home video rights.
The total value of the deal stood at Rs
180 million, of which around Rs 40 million
was paid as token amount.
In
the petition filed to the court, the company
had stated that while signing the deal,
Aashayein was supposed to be a commercial
film and it was assured to them that the
co-producers would not change the storyline
anyhow.
However,
in July 2008 when Big Entertainment was
shown the completed film, the company claimed
that the storyline had undergone a complete
transition and was nowhere a commercial
film now.
The
bench, comprising Justice Manmohan Singh,
observed that since Aashayein is
ready for release, it would be harmful for
actors, investors and exhibitors if the
release of Aashayein was stayed.
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