The news came after rumour mills were abuzz that the Hindi movie is a copy of the Hollywood venture - in the name of inspiration.
Distributed by Big Pictures, "Daddy Cool" has been produced by Maruti Pictures' Ashok Thakeria and Indra Kumar.
"This is to clarify reports appearing in certain sections of the press about the upcoming Hindi film 'Daddy Cool' being a lift from the English film 'Death At A Funeral', " said a statement released here by Maruti Pictures.
"'Daddy Cool' has duly obtained permission from the producers of the English film to produce and release the film across the world... Big Pictures is releasing the film only after ascertaining the facts, " the statement further read.
Releasing Aug 28, "Daddy Cool" has been directed by K. Murli Mohan Rao. It stars an ensemble cast including Sunil Shetty, Aftab Shivdasani, Javed Jaffrey, Aarti Chhabria, Ashish Chowdhry, Tulip Joshi, Kim Sharma, Sophie Choudry, Rajpal Yadav, Chunky Pandey and Prem Chopra.