High court bans Renigunta!

Trouble seems to be still brewing for Renigunta even after the deadlock with Censor Officials in Chennai was cleared and the the film was cleared for screening by Mumbai censors. Uttam Chand, a financier who has financed the movie filed a petition in Chennai High Court seeking a ban on the movie’s release since the producers failed to pay off the debts. The Court, after hearing the petition, ordered the movie’s screening to be withheld until the producers pay their debts Rs. 37 lakhs with 24% interest to financier Uttam Chand.

Last heard, an out of court settlement with mutual consent is also expected in this matter as the debt involved is not huge.