Lawstreet Journal

Bombay HC To Hear Petitions by Sanjay Leela Bhansali Seeking Injunction Against Eros Media

Lawstreet Journal 25 Jun 2020 2:03am

Image courtesy: Lawstreet Journal Judiciary Bombay HC To Hear Petitions by Sanjay Leela Bhansali Seeking Injunction Against Eros Media

On Tuesday, 23rd June 2020, Bombay High Court said both petitions filed by Sanjay Leela Bhansali Productions seeking directions to restrain Eros International Media from selling or exploiting the rights of two films, Goliyon Ki Raasleela Ram Leela and Bajirao Mastani, will now be heard jointly on 30th June 2020.

Justice BP Colabawalla by video conferencing heard petitions filed pursuant to Section 9 of the Arbitration and Conciliation Act, 1996 seeking immediate ad-interim reliefs banning Eros International Media, the parent company Eros International PLC and STX Film from the sale, use, transfer, licensing, distribution or renewal of Bajirao Mastani rights. Mr. Bhansali has directed and co-produced both the movies.

Senior Advocate ZalAdhyarujina appeared on behalf of the petitioner Bhansali Productions and submitted that on 18th April 2020, his clients found an Intimation filed with the Bombay Stock Exchange by Eros International Media Limited claiming that their ultimate parent firm, Eros International Plc and STX Filmworks, Inc. had entered into a definitive stock-for-stock merger agreement, according to which STX Entertainment will merge with a newly formed Eros International Plc subsidiary and survive such a merger as Eros International Plc 's indirect wholly-owned subsidiary.

The merger is entered on the misleading and incorrect disclosure that Eros International PLC has some rights to the film 'Bajirao Mastani.' In reality, neither Eros International PLC nor STX Filmworks, INC are parties to Bhansali Productions' co-production agreement with Eros International Media Limited, they cannot claim any rights in the film, Adhyarujina said.

Advocate Akshay Patil appeared in Eros International Media on behalf of the respondent. 

Last month, after Bhansali moved to court to seek the same interim relief restricting Eros International Media, the… Continue Reading...


Tagged: Bombay High Court  
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