Overview
- A division bench led by Justices S.M. Subramaniam and C. Kumarappan rejected the producer’s offer to pay ₹3.75 crore with property documents as security for the balance.
- The order bars Vaa Vaathiyaar from releasing in theatres, on OTT services, or through any medium until the entire debt is repaid.
- Prathyangira Cinemas said the December 12 opening is postponed, and the makers have not announced a new date.
- The petition was brought by the Official Assignee on behalf of creditor Arjunlal Sundardas, who was declared insolvent in 2014.
- The disputed amount originated as about ₹10.35 crore and, with interest, is claimed at ₹21.78 crore, leading to a last‑minute stay on the Karthi-led film.