Lyca was as soon as one of the distinguished manufacturing homes within the Tamil movie trade, however issues have taken a flip for the more severe in recent times. Most of their latest big-budget ventures have failed, and their try and enter the Malayalam movie trade with L2: Empuraan in collaboration with Aashirvad Cinemas didn’t work out as anticipated.
Again then, information of Lyca Productions’ collapse unfold like wildfire. However now, a brand new twist has emerged involving Tamil actor Vishal. Usually, you’ll count on a manufacturing home to pay an actor, however on this case, information has surfaced that the actor has to pay the manufacturing home. What could possibly be the rationale? Let’s begin the story from the start.
Background Of Vishal’s Court docket Case With Lyca Productions
Vishal isn’t just an actor but in addition a movie producer. Based on the Malayalam publication Mathrubhumi, again in 2019, Vishal took out a mortgage from Anbu Chezhiyan of Gopuram Movies. As collateral, the rights over any future movies produced by Vishal had been pledged. Later, Lyca Productions stepped in, cleared the dues to Anbu Chezhiyan, and took over the rights from Gopuram Movies. Nevertheless, Vishal allegedly didn’t repay Lyca Productions.
What Prompted Lyca To Take Authorized Motion Towards Vishal?
As established, Lyca Productions now has the rights to future initiatives produced by Vishal. Nevertheless, in line with the accusations, Vishal allegedly tried to violate this settlement by promoting the movie rights to different events, which compelled Lyca Productions to take authorized motion in opposition to the actor.
Massive Shock for Hero Vishal: Madras HC Orders Him to Pay ₹21 Crore With 30% Curiosity to Lyca Productions!#Vishal #LycaProductions #VanithaTV pic.twitter.com/7RH3vnZT3k
— Vanitha TV (@VanithaTvOnline) June 5, 2025
A Temporary Look At All the things That Has Occurred In The Court docket So Far
In the course of the preliminary section of the courtroom proceedings, the Madras Excessive Court docket ordered Vishal to deposit 15 crores as safety. Nevertheless, Vishal, who appeared in courtroom in particular person, knowledgeable the courtroom that he lacked the mandatory monetary sources to adjust to the order. In consequence, the courtroom directed him to submit an in depth affidavit of his property.
Later, it was revealed that Vishal obtained one crore from one other manufacturing home on the identical day he claimed he didn’t have the required funds. Upon studying of this growth, the courtroom expressed its displeasure and criticized Vishal’s actions, in line with Mathrubhumi.
Following this, Justice P.T. Asha reportedly ordered Vishal to pay 21.2 crores to Lyca Productions, together with 30% curiosity, bringing the overall quantity to 27.6 crores.
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