HC verdict: GVM ordered to pay Rs 4.25 Cr
Filmmaker Gautham Menon and his firm Photon Factory have lost a legal battle at the Madras High Court. The court upheld a prior ruling, ordering them to pay Rs 4.25 crore with 12% annual interest from May 2010 to R.S. Infotainment. This stems from a film production deal that never materialized, leading to a prolonged dispute over the advance payment.