'Thank God' team settles dispute in a Rs. 4.50 crore lawsuit post Bombay High Court's order

The producers of the film "Thank God," starring Ajay Devgn and Sidharth Malhotra, have finally reached an agreement and resolved the Rs 4.50 crore lawsuit. Maruti International apparently reached a settlement in the amount of Rs 3.75 crore, about six weeks after the Bombay High Court denied Azure Entertainment's request for ad-interim reliefs to halt the film's release.

According to a report on livelaw.in, Justice BP Colabawalla ordered the defendant to pay a total of Rs. 4.50 crores plus interest at a rate of 10% per year + GST in accordance with Clause 11 of the Second Addendum dated October 21, 2020.

However, the court recorded that if Maruti defaulted, Azure would be entitled to execute the decree for the entire amount of Rs 4.50 crores along with interest and GST.

Azure claimed that it had acquired the remake rights of the Danish film 'Sorte Kugler' (What Goes Around) based on which the Hindi film 'Thank God' was produced under a co-production arrangement between Azure and Maruti International. It went on to state that Maruti had committed to pay Rs 4.50 Crores to Azure before the release of the domestic theatrical prints of the film and had also committed that the domestic prints of the film will not be released until an NOC is given by Azure.

According to court documents, despite receiving the entire money for the movie from T-Series, Azure claimed that the defendant Maruti International defaulted on some payments.