42 Kms gets no relief from the HC

42 Kms gets no relief from the HC
Friday, January 23, 2009 10:11 IST
By Santa Banta News Network
The Bombay high court on Wednesday offered no relief to Matrix Media and Nisha Chainani who have produced 42 kms - a film based on Mumbai marathon.

The film's producers are locked in a battle with Standard Chartered Bank over amounts lent by the bank. The bank's contention is that the rights of the film had been assigned to it after the producers borrowed Rs 1.25 crore from the bank.

Nisha Chainani - Proprietor of Eastern Union Entertainment and Director of 42Kms says "The release of the Film 42Kms is postponed as we are yet awaiting final clearance from the High Court, Mumbai regarding our matter with Joint Venture partners Standard Chartered bank."

The bank had obtained an order of status quo from the Debt Recovery Tribunal (DRT) on January 2, 2009, which is still continuing.

The court asked the producers to go back to the DRT and then to the appellate tribunal before approaching the HC.
Kantara Chapter 1 First Look: Rishab Shetty Returns as a Fierce Warrior in the Grand Prequel!

After the overwhelming success of Kantara, actor-director Rishab Shetty is set to captivate audiences once

Monday, July 07, 2025
'Metro,,, In Dino' Box Office Collection: Anurag Basu's Anthology Outperforms Its Prequel in Just 3 Days!

Anurag Basu's latest romantic drama Metro… In Dino has kicked off its theatrical journey with an impressive

Monday, July 07, 2025
Mitti - a heartfelt tale of purpose, roots, and reimagining farming as modern entrepreneurial outlook- Trailer out Now!

There are journeys that take you far, but the most powerful ones lead you home, to your roots, your purpose

Monday, July 07, 2025
Urvashi Rautela Begins Filming Kasoor 2 with Jassie Gill: A Romantic Drama Worth the Hype!

Actress and global beauty icon Urvashi Rautela has officially stepped onto the sets of her next big

Monday, July 07, 2025
Speaking about his camaraderie with co-stars, Jackie fondly recalls his close bond with Danny Denzongpa, Dimple Kapadia, and Amrita Singh on In The Ring with Filmfare!

Jackie Shroff, the beloved Jaggu Dada of Indian cinema, opens up about his extraordinary journey from

Monday, July 07, 2025