Delhi HC accepts Reliance Ent’s profit share deal for ‘Amar Singh Chamkila’

The Delhi High Court has given its nod to a profit-sharing agreement between Reliance Entertainment Studios and Super Cassettes Industries (SCI), the parent company of T-Series, regarding the upcoming Netflix film ‘Amar Singh Chamkila.’

The agreement stipulates that Reliance Entertainment will share 50 percent of the profits from the film with SCI, The Economic Times reported.

‘Amar Singh Chamkila’ is a highly anticipated biopic portraying the life of the legendary Punjabi singer, with Diljit Dosanjh portraying the titular role. Directed by acclaimed filmmaker Imtiaz Ali, the movie is expected to shed light on the tumultuous journey of Chamkila’s life and career.

The profit-sharing arrangement aims to provide a practical resolution to the enforcement of the lien or charge, ensuring equitable distribution of revenues generated by the film’s release.

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Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!

Ashok Mansukhani, Corporate Law and Media Law Advocate at Ashokmansukhani Associates

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Delhi HC accepts Reliance Ent’s profit share deal for ‘Amar Singh Chamkila’

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