1 O.A.No.548 of 2009 and A.No.3620 of 2019 KRISHNAN RAMASAMY, J., 1.1. The learned counsel appearing for applicant submitted that the applicant is a registered partnership firm which lent a sum of Rs.2,75,00,000/- (Rupees Two Crores Seventy Five Lakhs only) to one Mr.Nitinsathyaa, representing to be a partner of the respondent in terms of the Agreement to complete the Film, viz., JARAGANDI, however, as per the terms of the agreement, the respondent was not able to complete the production of the film and therefore, the respondent sought further loan from the applicant and the applicant firm has also once again lent a sum of Rs.2,40,00,000/- (Rupees Two Crores Forty Lakhs only) to the respondent. 1.2. The learned counsel fairly submitted that so far the loan amount obtained by the respondent through agreement, the applicant firm is entitled for share in the profits with the respondent, whereas, for the amount obtained beyond Rs.2.75 Crores by the respondent, the applicant is a lender who is entitled to collect the said loan amount from the respondent. He would also submit that the applicant was aggrieved since the entire loan amount has not been paid by the respondent and in the said circumstances, the respondent has sold all the rights including, the exhibition rights for Karnataka, Kerala Area, FMS area and Hindi dubbing rights unilaterally without the knowledge of the applicant. He further submitted that as per the terms of Sub Clause 9 of the Agreement entered into between the applicant and respondent, dated 28.09.2017, the applicant shall do the http://www.judis.nic.in 2 KRISHNAN RAMASAMY, J., mrr/bsm next film with the respondent, however, without the knowledge of the applicant, the respondent is producing the next film which is not yet titled so far. 2. The learned counsel appearing for the respondent would submit that the next film is only under the process of production but not yet completed and the same will be completed by August 2019 so at this stage, there is no urgency to grant an interim order to the applicant. 3. Further, he also undertook that the satellite rights of the film, JARAGANDI are not sold out by the respondent and if any amount is collected for selling the said rights, the same shall be paid to the applicant firm. 4. The submissions made by the learned counsel for respondent is recorded to the extent that the rights of the next film will not be sold to the outsiders during the film is under the process of production. 5. Registry is directed to list the matter on 06.06.2019. 16.05.2019 mrr/bsm O.A.No.548 of 2009 and A.No.3620 of 2019 http://www.judis.nic.in 3 http://www.judis.nic.in