On Monday, the Bombay High Court directed Eros International Media Ltd to pay Rs 19.39 lakh to filmmaker Sanjay Leela Bhansali's Bhansali Production within three weeks. This move comes after Bhansali had approached the court to restrain Eros International from exploiting rights over actors Deepika Padukone and Ranveer Singh starrer Goliyon Ki Rasleela Ram Leela.
Bhansali had sought urgent reliefs to restrain Eros International from selling, exploiting, distributing , licensing and renewing rights over the film. Bhansali Productions had challenged an intimation filed by Eros International with Bombay Stock Exchange of an all-share merger with its parent company Eros International Plc and Hollywood's STX Filmworks.
Bhansali's Production house claimed that the merger was based on incorrect and misleading disclosure and that STX Filmworks or other companies cannot claim any rights in the film.
Meanwhile, the advocates representing Eros International said that the film Ram Leela was specifically mentioned in annual returns published for the fiscal ending March 31, 2019 and therefore there was no urgency to grant interim reliefs to the Bhansali Productions.
While the court has directed Eros International to pay Bhansali production the dues, it also said that the Production will have the liberty to approach it for relief against the merger after regular court resumes post lockdown.
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