Published 22:45 IST, November 12th 2024

Kanguva: ₹20 Crore In 24 Hours, Court Orders Producer To Deposit Amount To Release Suriya Starrer

Kanguva: Two cases were raised against KE Gnanavel Raja of Studio Green and the court has intervened in the matter before the film's release on November 14.

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Suriya spotted for Kanguva promotions in Mumbai | Image: Varinder Chawla
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Kanguva: Suriya, Bobby Deol and Disha Patani starrer Kanguva is all set to release on big screens on November 14. While full-fledged bookings of pan-India film have not opened up due to issues, anor roblock seems to have come its way. production house Studio Green is in trouble as two cases stand against film, which could probably stall its release.

Reportedly, two cases were raised against KE Gnanavel Raja of Studio Green. Chennai High Court has ordered him to to pay ₹20 crore to court-appointed ministrator before November 13 to release Kanguva; orwise, movie should not be released.

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Kanguva stars Suriya in a double role | Image: X

Court orders Gnanavel Raja to repay his debt before Kanguva release

According to M9 News, KE Gnanavel Raja h acquired a debt from late financier Arjun Lal. He was a former financier of many movies, went bankrupt and died. After his death, court appointed an ministrator to recover Lal's outstanding debts. So Raja should pay ₹20 crore before November 13 to ministrator to release Kanguva.

Kanguva poster | Image: X

Anor case deals with pending payments to Fuels Technologies. Chennai High Court has issued an order that KE Gnanavel Raja should pay ₹1.60 crore of pending payments to Chief Registrar of Chennai High Court before release of movie, or it will be stalled.

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Kanguva to face competition from Amaran

Reportedly, since Sivakarthikeyan and Sai Pallavi starrer Amaran is doing well at box office in its second week, exhibitors are not granting more than 50% screens to Suriya starrer Kanguva. This will drastically affect its business.

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22:45 IST, November 12th 2024