M Ramesh had filed a petition in court accusing producer Michael Rayappan of deceiving him of payment for his investments in the film.
Madras high court refuses to stay release of Simbu's Anbanavan Asarathavan Adangathavan
Chennai - 23 Jun 2017 14:35 IST
Updated : 14:38 IST
The Madras high court has refused to issue a stay against the release of actor Simbu's upcoming film, Anbanavan Asarathavan Adangathavan (AAA).
The plea for a stay on the film's release was filed by a person identified as M Ramesh. The petitioner, in his plea, claimed that the producer of AAA, Michael Rayappan, had not got adequate returns from his last film, Miruthan (2016). Ramesh claimed that as a result, Rayappan had approached him with a request for funds and a promise that if he gave him funds, he would make Ramesh a partner in his next project.
The petitioner further claimed that actor Simbu took on the project for a low fee because he was a close friend. Ramesh also accused that the producer had used his help to raise funds to the tune of Rs15 crore, and that he had personally invested Rs25 lakh from his own pocket. He said he had entered into an agreement with Rayappan for this sum.
Ramesh said that Rayappan, however, had now chosen to sideline him from the film which releases in theatres today. He contended that until Rayappan gave back the Rs25 lakh invested in the film, the movie should not be allowed to release.
Refuting all the allegations levelled against him, Rayappan, through his counsel, said that he did not owe Ramesh any money as was being claimed by him. However, to prevent any problems in releasing the film, he was willing to deposit properties worth a crore as guarantee. Accepting Rayappan's explanation, the judge, while refusing to stay the film's release, ordered that Rayappan submit a bank guarantee for Rs25 lakh before 30 June.