Ram Gopal Varma faces Rs 29.67 cr recovery notice, film industry warned against working with him

Production house Eclatant Films Private Limited has issued a Rs 29.67 crore recovery notice against filmmaker Ram Gopal Varma, warning the entire film industry against working with him without prior written clearance. The notice, published in trade publication Complete Cinema on October 24 and October 31, demands full payment by October 30, including Rs 11.38 crore in accumulated interest.

The dispute arises from an agreement signed on April 10, 2010, with a Bombay High Court order from April 17, 2013, adding to the complexity of the financial claim. Eclatant Films has cautioned all producers, distributors, broadcasters and OTT platforms to obtain a written No-Objection Certificate (NOC) from the studio before engaging with any of Ram Gopal Varma's projects or ventures.

Failure to settle the outstanding dues could result in Eclatant Films asserting a contractual lien over his share, rights, interests, revenues and exploitation rights in the covered films and projects.