‘Pandem Kodi’ hero Vishal gets a huge shock by the Madras High Court. The final verdict regarding an old case came against his favour. They warned him of banning all the movies which will be arriving from his Vishal Film Factory banner.
Going into details, Vishal took a loan of 21 crores for his production banner from financier Anbu. According to the arrangement, Lyca company settled Anbu’s amount and they will be distributing all of Vishal’s films till he repays the taken money. Vishal ignored this deal and released ‘Samanyudu’ movie without Lyca banner.
Lyca Production banner went to court and Vishal is now ordered to pay a fixed deposit of 15 crores. But Vishal did not pay this money and during the arguments, he claimed that he faced a loss of 18 crores which is why he couldn’t return the money. After enquiring about Vishal’s economic details, the High Court agreed to Special Court’s decision and demanded him to pay the 15 crores money.
They banned all kinds of releases from Vishal Film Factory in theatres or OTT platforms till then. They gave him three weeks of time to pay this money and it is to be seen what Vishal does.
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