Business
Moser Baer seeks to vacate stay against using movie products
Chennai | July 29, 2008 11:35:05 PM IST
Entertainment major Moser Baer has sought to vacate a Madras High Court stay issued against the company from using 12 movie products, sources told IANS Tuesday. "The products are all old and were sold to us properly. It is quite a common thing that small timers obtain stays which are routinely vacated subsequently. Further, we too have obtained similar orders against the same plaintiff, K.P. Ravindran, in the Delhi High Court," a Moser Baer spokesman said. Justice V. Ramasubramanian while hearing the petition Monday restrained till further orders Moser Baer from selling the 12 films against which a dispute has been raised, petitioner's lawyers said. The Rs.40 billion Moser Baer is producing many south Indian films in collaboration with several producers and exhibitors. The audio of "Raman Thediya Seethai", a forthcoming venture, is scheduled for a Wednesday release, the ciompany's publicists said.ap/tsv/am/vt (165 Words)29072241NNNN (IANS)
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