According to a report, PVR Inox Pictures was planning to take legal action against Vashu Bhagnani's Puja Films over alleged dues from the Rs. 100 crore three-film deal between them. However, PVR Inox Pictures has shared a statement and denied the report.
Vashu Bhagnani has been in the news because of his dispute with the makers of Hai Jawani Toh Ishq Hona Hai. On Friday, it was reported that the filmmaker has filed a Rs. 400 crore lawsuit in the Bombay High Court against Tips Industries (Ramesh Taurani and Kumar Taurani) and director David Dhawan.
Amid this, a report in Bollywood Hungama claimed that PVR Inox is planning to take legal action against Bhagnani's Puja Films over alleged dues from the Rs. 100 crore three-film deal that happened between them. However, PVR Inox took to Instagram to share a statement and called the report 'misleading'.
The statement read, "We have noted a recent media report concerning PVRINOX Pictures and Mr. Vashu Bhagnani. The contents of the story are misleading and speculative in nature and do not accurately reflect the facts or the nature of the relationship between the parties. PVRINOX Pictures and the Bhagnani family share a longstanding and cordial professional relationship built over years of collaboration and mutual respect. As with any business partners, commercial transactions and discussions are conducted directly between the parties concerned in the ordinary course of business. We do not believe it is appropriate to discuss the details of any commercial arrangements in the public domain."
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