NCLT Rejects Dream Warrior Pictures’ CIRP Plea Over Hindi Remake of Kaithi

Dream Warrior Pictures Vs Reliance Entertainment Studios Pvt. Ltd. (NCLT Mumbai) NCLT held that it has no jurisdiction to decide copyright violations or contractual termination claims related to the Hindi remake of Kaithi (Bholaa). Dream Warrior Pictures’ Section 9 application against Reliance Entertainment was rejected as no undisputed operational debt existed. Background: Dream Warrior Pictures (“Applicant”) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (“Code”) seeking initiation of the Corporate Insolvency Resolution Process (“CIRP”) against...