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Parmanu row: Legal wrangle between John Abrham and Prernaa Arora to be decided tomorrow?

Sources present in court tell us that Justice Kathawalla agreed that the movie should be released and the earnings from it should first be deposited with the court, from which the concerend parties would be paid their dues

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John Abraham in Parmanu: The Story Of Pokhran
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The recent developments indicate that Parmanu: The Story Of Pokhran could slip out of the hands of KriArj Entertainment, founded by Prernaa Arora and Arjun N Kapoor. During the hearing of the case between the production house and John Abraham Entertainment on Monday afternoon, Justice Shahrukh Kathawalla learnt that Prernaa’s company was apparently misleading the court with its claims of resolving its issues with JA Entertainment.

KriArj was said to have breached the undertaking submitted in court on April 20, of paying the Rs 5.65 crore it owed to Abraham. Moreover, the production house had also failed to deposit Rs 10 crore into the escrow account for the movie’s publicity and marketing. If that’s not enough, other financiers claiming to have invested in KriArj and Parmanu, too, reportedly, turned up at the hearing to demand their dues.

Gothic Entertainment contended that they had invested in KriArj’s multiple movies and as per the mutual agreement between the two companies, their monies were to be repaid before the release of Padman, Pari and Parmanu. However, their dues weren’t cleared and KriArj still owed Rs  18.32 cr to Gothic, which consequently, has the first lien-in-charge over nine films of the former, including Parmanu, Fanne Khan, Batti Gul Meter Chalu, Kedarnath, Jhund, Total Dhamaal and Rani. The court was also informed that Gothic Ent had filed case against KriArj under section 138 (of Negotiable Instruments Act) after cheques worth Rs 17.15 cr issued to it, bounced. Moreover, Gothic Ent has also filed a complaint with the Economic Offences Wing (EOW). The copies for the same were submitted in court on Monday.

The financiers appealed to the court that their dues should be cleared either before the release of Parmanu, or  first from the film’s revenue. Sources present in court tell us that Justice Kathawalla agreed that the movie should be released and the earnings from it should first be deposited with the court, from which the concerend parties would be paid their dues.  

The next hearing in the Parmanu matter is scheduled tomorrow (Thursday, May, 10), when all the concerned parties submit their mutually agreed plan for the film’s release. As for the matter pertaining to Gothic Ent, it will be heard on May 22.

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