Home » Entertainment » Madras High Court Grants Vishal 28 Days to Comply with Court Orders
Madras High Court Grants Vishal 28 Days to Comply with Court Orders
However, Vishal failed to uphold his end of the bargain, opting to work with other producers instead.
Ananthu | Published On: Sep, 23, 2023 | 03:38 PM
In a twist of events, Tamil cinema’s celebrated hero, Vishal, finds himself embroiled in a legal battle with Lyca Productions, following a breach of their agreement. The actor, who is basking in the success of his latest film, “Mark Antony,” recently received a stern warning from the Madras High Court over the ongoing dispute.
The saga began when Vishal, who had produced several films independently, found himself in dire financial straits, accumulating a staggering debt of approximately 21 crore rupees. To bail him out of this financial quagmire, Vishal struck a deal with the prestigious production house, Lyca Productions. In this agreement, it was stipulated that Vishal’s upcoming films would be produced exclusively by Lyca Productions until his debt was settled.
However, Vishal failed to uphold his end of the bargain, opting to work with other producers instead. This prompted Lyca Productions to seek legal recourse, petitioning the court to halt the release of Vishal’s films until the dispute was resolved. Amidst this legal wrangle, the producer of “Mark Antony” implored the court not to hinder the film’s release, as it would result in substantial financial losses.
The High Court, balancing these conflicting interests, granted permission for the release of “Mark Antony” while the case against Vishal remained pending. Simultaneously, the court issued stringent orders for Vishal. He was instructed to deposit 15 crore rupees out of the outstanding 21 crore rupees and furnish detailed bank statements covering all transactions from January 2021 to the present. Additionally, Vishal was directed to provide a comprehensive list of his personal and family properties and assets in a sworn affidavit, all to be submitted by September 19.
However, Vishal’s lawyer failed to present the required documents within the stipulated timeframe, and the 15 crore rupees remained unremitted. In response, the High Court expressed its displeasure at Vishal’s non-compliance with court directives. Vishal, realizing the gravity of the situation, subsequently appeared in court and requested an extension. The High Court has granted him 28 days to fulfill all court orders. Failure to do so may result in dire consequences for the actor.
The next hearing in this high-profile case is scheduled for after the 28-day grace period, at which point Vishal must have complied with all court-mandated obligations. The Tamil hero’s legal troubles hang in the balance, and the outcome of this case remains uncertain.