Chennai: In a major relief to the makers of the multilingual film 'Baahubali-2', the Madras High Court today refused to stay its release scheduled for April 28 in Tamil Nadu. When the petition, seeking a stay on the release of the film, filed by Ace Media alleging non payment of Rs 1.18 crore dues came up for hearing, Mr Justice K Kalyanasundaram refused to grant the prayer and adjourned the matter to April 18, with a direction to Sri Green Productions, whose M S Shravanan has taken the theatrical rights for the tamil version of the film, to file its reply on that date.
The petitioner contended that Shravanan had tried to violate the agreement signed on February one that he would return the amount, taken as loan from Ace Media, along with an additional Rs ten lakh before the film's release. Claiming that Shravanan had been planning to sell the theatrical rights to a third party, the petitioner said when asked about the unpaid dues he had said that it would be returned after the release of the film. Alleging that Shravanan had no intention to return the money, the Ace Media had sought a stay, which was declined by the Court. (UNI)