Sony TV was all set to telecast the film at 12 noon and 8 pm on Sunday.
A lawyer had filed a plea with the Nagpur Bench of the Bombay High Court asking to impose a ban on the telecast of the film on Sony on the grounds that it contained obscene shots.
The Nagpur Bench of the Bombay High Court had cleared the film after 58 cuts.
Viewers saw a small message streaming on the channel on Sunday that read: "For unavoidable reasons we regret to inform that the film 'The Dirty Picture' will not be telecast today. Any inconvenience caused is deeply regretted."
Vidya Balan was named the 'Best Actress' for her role of a celluloid sex siren in the film by the National Film Awards committee.
The film also featured Tusshar Kapoor, Naseeruddin Shah and Emraan Hashmi in the lead roles.
Reacting to the entire episode, Tusshar tweeted: "Really unfortunate that after all the necessary cuts and a valid UA certificate, The Dirty Picture could not be telecast today on sony tv."
"Sad that inspite of being acclaimed for it's entertaining realism & having won 3 National Awards the regulatory forces have stalled the show, " he posted.
The film was directed by Milan Luthria and was co-produced by Ekta Kapoor and Shobha Kapoor.