Siddiqui claimed that he had signed an artist agreement with the movie’s producer Anandita Studios and as per the same, he was to be paid ₹5 crores as fees/ consideration for acting in the movie.
After this, Anandita Studios entered into an agreement with Zee Studios, and by virtue of this agreement, Zee became the sole and exclusive owner of all rights over the film.
On August 15, 2023, Siddiqui sent a reminder to Anandita Studios to make a payment of ₹5,07,00,826 to him failing which he will approach the High Court.
Anandita replied to the same, claiming that out of the total consideration, ₹4.5 crores have been paid to him.
As for the remaining ₹50 lakh, ₹25 lakh will be paid when marketing of the film commences and the remaining ₹25 lakh will be paid once the movie is released.
The company also expressed that it was unclear how Siddiqui came to the amount of ₹5,07,14,000 an over-due amount of the agreement.
Source: Barandbench
