Delhi-based Ivy Leisure, a subsidiary of Ivy Holdings, has filed a petition within the Delhi Excessive Courtroom towards Hyderabad-based Individuals Media Manufacturing facility Pvt Ltd (PMF), the co-producers of the much-awaited Pan-India movie, The Raja Saab, as per an article in The Financial Instances. The corporate is searching for a everlasting injunction over what it claims are severe breaches of contractual obligations.
Ivy Leisure drags co-producer of Prabhas-starrer The Raja Saab to Delhi Excessive Courtroom over alleged contractual breaches: Report
In its plea, Ivy Leisure alleged that PMF didn’t fulfil a number of vital commitments, together with finishing and releasing the movie inside the agreed timeline, offering month-to-month manufacturing updates, disclosing how funds had been being utilized, delivering agreed supplies associated to the movie, and suspending the theatrical launch a number of occasions with out justification. The corporate claims that these breaches triggered termination clauses within the agreements, prompting it to demand a refund of Rs. 218 crores invested within the challenge, together with 18% annual curiosity.
Ivy entered right into a Movie Rights Acquisition Settlement on January 25, 2023, and a Theatrical Rights Acquisition Settlement on March 10, 2023, with PMF. Below these contracts, Ivy acquired worldwide theatrical and non-theatrical rights to the movie, secured co-presenter credit, and obtained contractual ensures for returns.
The petition additionally names PMF administrators Vishwa Prasad Tumbalam Gooty and Subramanya Vivekananda Kuchibhotla, in addition to post-production distributors Deccan Goals Animations LLP, Prasad Xtreme Digital Cinema Community, Qube Cinema Applied sciences, and UFO Moviez, searching for a court docket order restraining them from coping with the movie with out Ivy’s consent.
The Financial Instances story claims that regardless of the dispute, Ivy Leisure has advised the court docket that it intends to complete manufacturing and launch the movie itself to safeguard its substantial funding.
The article additionally said that The Raja Saab has a funds of Rs. 400 crores and that it received’t launch on December 5, 2025, as scheduled. As an alternative, it’ll hit screens in January 2026.
Just lately, The Raja Saab’s producer additionally hinted that the horror comedy will arrive on Sankranthi 2026. T G Vishwa Prasad stated, “See, I didn’t announce this publicly. However many individuals are of the view that it ought to be launched for Sankranthi. Followers need that, as do Telugu enterprise circles. There’s a powerful proposal to launch it on 9 January.”
In the meantime, Dhurandhar, starring Ranveer Singh, can be set to launch on December 5. On this, the producer stated, “Nevertheless, the Hindi enterprise circle needs it (The Raja Saab) to be launched on December 5 as a result of they don’t have something robust releasing then, and Dhurandhar’s launch may be moved too. We’ll anyway do what’s proper for us. The movie can be prepared by October, however we are going to take a name.”
Additionally Learn: The Raja Saab teaser out: Prabhas places on an enthralling present on this never-seen-before avatar in a spooky ‘haunted haveli’ story
Extra Pages: The Raja Saab Field Workplace Assortment
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