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

Kanguva: Suriya, Bobby Deol and Disha Patani starrer Kanguva is all set to release on the big screens on November 14. While the full-fledged bookings of the pan-India film have not opened up due to issues, another roadblock seems to have come its way. The production house Studio Green is in trouble as two cases stand against the film, which could probably stall its release.

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

Court orders Gnanavel Raja to repay his debt before Kanguva release

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

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

Kanguva to face competition from Amaran

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