Tamil Hero Vishal, who is enjoying the success of his latest film, Mark Antony, has received a warning from the Madras High Court in Lyca Productions Case. Vishal had produced a few films on his own and lost the money and put up a total debt of around 21Cr. Then he made a deal with the renowned production house Lyca Productions, and they took care of Vishal’s debt and according to that deal between both parties, Vishal’s next movies had to be produced under Lyca Productions.
However, Vishal did not keep his promise and did movies with other producers. So Lyca Productions approached the court and asked the permission from the court to not release any film of Vishal’s till the case is solved. But the producer of Mark Antony had requested that he was nowhere involved in this issue, and he will lose huge money if the release was stopped.
So the court allowed the film to be released, but the case on Vishal was still on. The High Court asked Vishal to deposit 15Cr out of 21Cr and to submit his bank statements of all transactions from January 2021 to until now along with providing the list of his own and family properties, assets all details in an affidavit by 19th September, but Vishal’s lawyer did not present any details that were required.
Also, the money of 15Cr which was supposed to be given to Lyca Productions was not deposited also. The High Court Judge became serious on Vishal for not following the court rules. Now Vishal appeared in court and requested for extension and the court has given 28 days for him. After 28 days, the next hearing will be produced in the court. Vishal must have to do all the things which the court ordered him and if he fails to do so, then he must have to face the consequences.