New Delhi: Actor John Abraham's production house John Abraham Entertainment has reportedly terminated partnership with Kriarj Entertainment and has decided to go solo with his forthcoming film Parmanu: The Story of Pokhran, news agency PTI has reported.
John Abraham Entertainment has published a notice in a leading daily which reads, "Delay in payments/non-payments, have caused delays in the post production work after the film's principal shoot was completed by us in time and on schedule last year."
However, Kriarj has termed the termination as 'invalid and illegal.' "Please note that the said termination is illegal and invalid. Our rights in the film as a joint producer/presenter and owner of all rights are fully secured, we have always fulfilled all our commitments till date and have clear intent to continue doing so," PTI quoted Kriarj as saying.
Kriarj has accused that John Abraham Entertainment has failed to fulfil their commitment to complete the project, to which the production house replied, "We have fulfilled our commitment at every stage of this project and intimated Kriarj in writing from time to time. We have been waiting and asking for payments at every stage. Our payments have either been delayed or we have received wrong UTR number. Cheque payments have been stopped time and again," reported PTI.
Parmanu: The Story of Pokhran was scheduled to release in December 2017. JA Entertainment has said that it will announce a new release date for the film.
"Given the above, and in the best interest of the film, we have terminated our contract with Kriarj Entertainment Pvt. Ltd. and will soon announce the release schedule. Any future attempts by Kriarj to jeopardize the film or defame the production house and/or the film, like they have done in the past with other films, will compel us to initiate legal proceedings against them," PTI quoted John Abraham Entertainment as saying.
Kriarj's statement read, "After making substantial payments to them JA Ent has kept making unreasonable demands for money from us which are completely outside the scope of their initial understanding with us. This has made it abundantly clear that they are trying to defraud us by now attempting to wriggle out of a legally binding contract with us which is not only unlawful but also unethical."
The film also stars Diana Penty and Boman Irani in pivotal roles.