NEW DELHI: 42 Kms, a film based on the Mumbai Marathon, has failed to get any relief from the Bombay High Court which has asked the producers to go back to the Debt Recovery Tribunal (DRT).
42 Kms‘s producers, Matrix Media and Nisha Chainani, are locked in a battle with Standard Chartered Bank over amounts lent by the bank. The bank contends that the rights of the film had been assigned to it after the producers borrowed Rs 12.5 million.
Earlier, Standard Chartered had obtained an order of status quo from the DRT on 2 January, which is still continuing.
The court has asked the producers to go back to the DRT and then to the appellate tribunal before approaching it.
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