M/s. Magic Rays v. M/s. Nic Arts
Case brief
What is this about?
This judgment deals with a civil suit for permanent injunction regarding the distribution rights of the Tamil film 'VAALU'. The plaintiff sought to withdraw the suit based on a set-as-settlement Copyright Assignment Agreement. The court accepted the withdrawal, vacated the interim order, and dismissed the suit as withdrawn.
What did the court decide?
Settle on the basis of the Copyright Assignment Agreement dated 01.08.2015; Civil Suit dismissed as withdrawn; Interim order in O.A. No. 684 of 2015 vacated.