PVR Inox Denies Suing Vashu Bhagnani, Applauds Jackky
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PVR Inox Denies Suing Vashu Bhagnani, Applauds Jackky

Multiplex chain calls reports of legal action 'misleading' and praises Jackky Bhagnani's professionalism in handling business matters.

By Cinecrazy · · 3 min read

The Big Denial: PVR Inox Shuts Down Lawsuit Rumours

The legal storm surrounding veteran producer Vashu Bhagnani just got a little less cloudy. A recent report claiming that multiplex giant PVR Inox was planning to sue his production house Puja Films over pending dues has been firmly denied by the chain itself. In an official statement, PVR Inox called the story “misleading and speculative” and made it clear that no legal action is on the cards.

According to the statement, the multiplex chain noted that the contents of the report “do not accurately reflect the facts or the nature of the relationship between the parties.” PVR Inox emphasized that they share a “longstanding and cordial professional relationship built over years of collaboration and mutual respect” with the Bhagnani family. The chain also declined to discuss commercial arrangements publicly but left no doubt that they stand by the producer.

The now-dismissed rumour had suggested that PVR Inox was preparing legal action over a reported Rs 100 crore three-film deal that went sour. That speculation surfaced right around the time news broke that Vashu Bhagnani had filed a massive Rs 400 crore lawsuit in the Bombay High Court against Tips Industries and director David Dhawan over the unreleased film Hai Jawani Toh Ishq Hona Hai. Clearly, the multiplex giant wanted to distance itself from that mess.

Jackky Bhagnani Gets A Shoutout From The Multiplex Giant

What really stood out in the statement was the rare public appreciation PVR Inox showered on Vashu Bhagnani’s son, Jackky Bhagnani. The chain took a moment to praise Jackky’s handling of all matters between the two companies, calling his approach professional and deeply committed to carrying forward his father’s legacy.

“Jackky has consistently demonstrated professionalism and a deep commitment to carrying forward Vashu Ji’s legacy,” the statement read. “Our interactions with him have always been constructive and collaborative.” In an industry where business relationships often stay behind closed doors, this kind of endorsement from a major player like PVR Inox is both rare and telling.

Puja Films quickly responded with warmth on their Instagram, thanking the multiplex chain for its support and affirming that they deeply value the relationship. The production house said they look forward to more successful collaborations ahead, signalling that the bond between the two parties remains strong despite the gossip mills working overtime.

Vashu Bhagnani’s Legal Battle with Tips Industries Continues

While the PVR Inox fire has been doused, Vashu Bhagnani is still locked in a high-stakes legal battle with Tips Industries. The Rs 400 crore lawsuit filed in the Bombay High Court names Ramesh Taurani, Kumar Taurani, and director David Dhawan as defendants. The case revolves around Hai Jawani Toh Ishq Hona Hai, a project that has been mired in controversy for quite some time.

Industry insiders suggest that this legal tussle could have wider implications for Bollywood’s production and distribution dynamics. For now, Vashu Bhagnani enjoys the backing of one of the country’s largest multiplex chains, which has publicly sided with him and his son. The multiplex chain also urged media outlets to “exercise due diligence and refrain from drawing conclusions based on inaccurate and unverified reports.” Whether that goodwill will translate into smoother sailing for his upcoming projects remains to be seen, but for today, the Bhagnanis have reason to breathe easy.