Jatadhara row: Director Venkat Kalyan slams Content Films ‘fraudulent claims’, announces legal action

Source as of late detailed that Substance Movies Preparations Pvt Ltd distributed a take note in Atul Mohan's Total Cinema magazine expressing that they hold 50% rights, counting Mental Property Rights, over the up and coming film Jatadhara, as per an MoU marked by them with Prerna Arora and Shivin Narang's Ess Kay Gee Excitement. The take note at that point expressed that since Ess Kay Gee Amusement damaged the terms of the MOU, Substance Movies Preparations Pvt Ltd will take lawful activity against them.

Now, Jatadhara’s author and executive Venkat Kalyan has come to out to us to provide their form of the story. His articulation peruses, “I, Venkat Kalyan, Executive and Author of the film Jatadhara, categorically state that the claims made by Substance Movies Preparations (Mr. Rajeev Agarwal and Mr. Arvind Agarwal) with respect to their charged 50% possession of the film’s Mental Property (IP) are untrue, unmerited, and misleading.

As per the Notice of Understanding (MoU), the 50% IP proprietorship was unexpected upon an speculation of Rs. 10 crores in the film. In any case, Substance Movies Preparations has contributed as it were Rs. 60 lakhs towards a film with a add up to budget of Rs. 20 crores. In spite of their disappointment to meet money related commitments, they proceed to make false claims, which constitutes a breach of contract, purposefulness badgering, and defamation.

Furthermore, Substance Movies Preparations has defaulted on their commitments related to line generation inside the concurred timeline, fumbled accounts and gotten out of hand with our group, driving to a proficient fallout.

We unequivocally exhort all industry experts, counting on-screen characters, executives, studios, wholesalers, exhibitors, OTT stages, disciple channels, and organizations, to ignore the deluding claims made in their open notice.

We are starting legitimate activity for maligning and harms against Mr. Rajeev Agarwal and Mr. Arvind Agarwal in the Honorable Bombay Tall Court.”

Feud comes to IMPPA

Meanwhile, Indian Movement Picture Producers' Affiliation (IMPPA) sent out a take note to Arvind Agarwal and Rajeev Agarwal of Substance Movies Preparations Pvt Ltd on Walk 11. The affiliation is all set to listen the matter in the nearness of the two parties. The take note said that “Since the matter is as of now planned for a hearing some time recently the Discretion Tribunal on Walk 16, 2025 at IMPPA, you are asked to abstain from taking any activities that may complicate or encourage accelerate the matter”.