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Trouble seems to be still brewing
for Renigunta even after the deadlock
with Censor Officials in Chennai
was cleared and the the film was
cleared for screening by Mumbai
censors. Uttam Chand, a financier
who has financed the movie filed
a petition in Chennai High Court
seeking a ban on the movie’s
release since the producers failed
to pay off the debts. The Court,
after hearing the petition, ordered
the movie’s screening to be
withheld until the producers pay
their debts Rs. 37 lakhs with 24%
interest to financier Uttam Chand.
Last heard, an out of court settlement
with mutual consent is also expected
in this matter as the debt involved
is not huge.
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