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What is the story
T-Series and Reliance Leisure are at loggerheads over a non-payment dispute.
The main manufacturing firm, T-Collection, has categorically denied allegations of unpaid dues made by Reliance Leisure.
The latter had publicly demanded a cost of Rs. 397 crore from T-Collection, a declare which the Bhushan Kumaar-headed firm labeled “utterly false and bogus.”
T-Collection argued that these allegations immediately contradicted two rulings made by the Bombay High Court.
‘Reliance’s claims are in clear violation of Bombay HC judgments’
T-Collection has referred to 2 particular Bombay Excessive Court docket rulings from June and December 2023 in its official assertion.
The corporate asserted, “Reliance’s claims are in clear violation of those judgments.”
The primary ruling affirmed T-Collection’s copyright and their proper to distribute the works listed by Reliance Leisure. The second ruling verified the accuracy of account statements offered by T-Collection to Reliance as per their settlement.
T-Collection accused Reliance Leisure of defamation
T-Collection maintained that each one funds underneath the Lengthy Kind Settlement have been made to Reliance.
The corporate expressed bewilderment at Reliance Leisure’s choice to difficulty a public discover regardless of this reality being communicated.
T-Collection instructed that this discover appears to be an try by Reliance to sidestep its personal duties and obligations. It additional accused Reliance Leisure of issuing a public discover with malicious intent to tarnish T-Collection’s status.
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