
A | The release of Balakrishna's upcoming film Akhanda 2 has come to an unexpected halt after a major legal issue surfaced in the Madras High Court. Eros International filed a petition arguing that the makers of Akhanda 2 were attempting to bypass an unpaid arbitral award of Rs 27.7 crore, which has remained unsettled till date since July 2019.
Financial matters, bone of contention
Apparently, the dispute arises from an arbitral award passed in July 2019 in favour of Eros International against 14 Reels Entertainment Pvt. Ltd. The Court directed the production house (14 Reels) to pay Rs 27,70,97,298 along with interest. But Eros informed the court that not a single rupee had been paid in the four years following the judgement. Eros further argued that 14 Reels Plus LLP, an affiliate company linked to the same promoters of Akhanda 2, was readying to release Akhanda 2 as a means to evade the payment of the original arbitral verdict. Since the payment has not been cleared, Eros asked the Court to halt the release of Akhanda 2 in theatres or on digital or satellite platforms. After reviewing the petition, the court issued a temporary injunction order stopping all release activities related to Akhanda 2. This means the film cannot be screened, streamed, promoted, or monetized in any way until the dispute is settled.
Film bookings kept on hold
Eros says it has been waiting for the producers to honour and clear the payment that was agreed upon earlier. Because the amount involved is significant, the company insists that business cannot continue until the old financial matters are resolved. The unexpected blow to Akhanda 2 has caused concern among fans who were eagerly waiting for updates on the sequel. The Nizam bookings of the film have also been kept on hold. The court would revisit the matter after both parties present complete information. Only after a final decision is made will the future of Akhanda 2 become clear. Akhanda 2 is slated for release on December 5, 2025.Also Read: Did Ram Charan Reportedly Locked Sukumar’s Script in Dubai? Here’s What We Know。 Dhaka, Oct 19 (UNI) ‘M/V Trans Samudera’ departed Chattogram Port Wednesday carrying Indian transit container that was transported from its Northeastern state Meghalaya via the territory of Bangladesh.
This movement of cargo is part of the trial runs being undertaken for the operationalization of the Agreement to use Chattogram and Mongla Ports for the transit of goods to and from India which was signed between Indian and Bangladesh in 2018.
The trial run is being undertaken by Tata Steel and CJ Darcl Logistics Ltd. on the route Dawki–Tamabil–Chattogram.
There are eight approved routes for transit of goods under the Agreement, namely, Chattogram/Mongla Port to Agartala via Akhaura, Chattogram/Mongla Port to Dawki via Tamabil, Chattogram/Mongla Port to Sutarkandi via Sheola, Chattogram/Mongla Port to Srimantapur via Bibirbazar and vice versa on all four routes.
During Bangladesh Prime Minister Sheikh Hasina's visit to India in 2019, a SOP was signed to operationalize the Agreement.
The first trial movement under this agreement on the route Chattogram-Akhaura-Agartala was successfully conducted in July 2020 wherein four containers, two each of TMT steel and pulses, were delivered at ICP Agartala from Kolkata through Chattogram.
The transit/transshipment of goods under this agreement will reduce both cost and time for transport of goods to Northeastern States of India. It will also create economic gains for the Bangladesh logistics and services industry (Insurance, transport and Finance industry etc.) as only Bangladesh trucks will be used for transshipment.
This trial run marks the completion of all trial runs on all approved routes under this Agreement.
Trial runs on the routes Mongla–Tamabil–Dawki, Mongla–Bibirbazar–Srimantapur and Chattogram–Sheola–Sutarkandi have also taken place.
Following this completion of trial runs, necessary permanent standing order/notification would now be issued by the Government of Bangladesh for the operationalization and regular movement of goods under this Agreement. This is a step forward in realizing the commitment reiterated at the level of the two the Prime Ministers, Narendra Modi and Hasina, during her visit to India in September 2022.
UNI MAZ ING。
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Published on:03:24:42
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