Laadam, the film starring Charmee and Aravind is now facing a high court order staying its release. The petition against the movie was filed by Ponnurangan on behalf of Sozha Creations. The issue is one of financial settlement between Sozha Creations and Cosmos Enterprises, the producers of Laadam.
In the petition, it has been said that Laadam was being initially produced by Sozha Creations. But, midway through the making, the movie was sold outright to Cosmos Enterprises for a sum of Rs. 90 lakhs as per an agreement reached in June. But, Sozha Creations claims to have received only Rs. 40 lakhs to date and have thus filed the petition.
In the interim, Laadam has been completed and is ready for release. But this stay order might now delay or even worse, prevent its release. The high court has given a period of 2 weeks for Cosmos Enterprises to file an explanation.
Laadam has been directed by Prabu Solomon and has music by Dharan.
In the petition, it has been said that Laadam was being initially produced by Sozha Creations. But, midway through the making, the movie was sold outright to Cosmos Enterprises for a sum of Rs. 90 lakhs as per an agreement reached in June. But, Sozha Creations claims to have received only Rs. 40 lakhs to date and have thus filed the petition.
In the interim, Laadam has been completed and is ready for release. But this stay order might now delay or even worse, prevent its release. The high court has given a period of 2 weeks for Cosmos Enterprises to file an explanation.
Laadam has been directed by Prabu Solomon and has music by Dharan.
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