On the release day of Dhaam Dhoom, theatres across Tamilnadu were confused over who owns the negative rights of the film.
The officials from Indian Bank had issued an order to stop the screening of the film as they alleged one of the co-producers of the film Jayakumar owes them money.
They produced a letter from the Indian Bank Asset Recovery Management Branch that as per Debt Recovery Tribunal (DRT)- 1 in Chennai has passed an order against Jayakumar.
DRT is an Appellate Tribunal set up by the Government of India and the Reserve Bank to recover money due to banks from companies and individuals who have taken loan from them and has the power of a court.
By evening Media One Global Entertainment Limited, the producers of Dhaam Dhoom had issued a press statement denying that they owe money to any banks, and was a listed public limited company registered in Mumbai and listed in the Mumbai stock exchange. They also told the theatres that Jayakumar has nothing to do with their company.
The statement issued by Media One says- "We wish to assure all distributors, exhibitors, Theatre owners as well as the public at large that there is no such injunction order against us (who are the sole and exclusive copyrights holders for the said film). Hence we are not subject to any such proceedings at all."
They also produced a letter from Adlabs, the lab where the film was processed to confirm that they are the world rights holders of the film.
Meanwhile Dhaam Dhoom took a fantastic day one opening all over Tamilnadu, and none of theatres want to stop the screening of the film.
They have also not heard of DRT and its powers. Anyway the corporate multiplex Inox in Chennai stopped screening the film from its evening show.
The rest of theatres in Chennai city are saying that they will remit the distributors share of the film with DRT, if there is more pressure and if its proved that Jayakumar was part of the production team.