Key Points :
- Netflix, has released its documentary series, “Bad Boy Billionaires,” which depicts the alleged fraud committed by business tycoons such as Vijay Mallya, Nirav Modi and Sahara India chief Subrata Roy, after a month long legal fight.
- The digital platform released three episodes on Mallya, Modi and Roy after the court in Bihar’s Araria district on Saturday released the stay it had imposed on the release in September from airing the series.
- The episode on B Ramalinga Raju , has not been released as a result of Raju’s matter still pending in Hyderabad court, people familiar with the developments said.
Netflix, the world’s world’s leading streaming entertainment service, has released its documentary series, “Bad Boy Billionaires,” which depicts the alleged fraud committed by business tycoons such as Vijay Mallya, Nirav Modi and Sahara India chief Subrata Roy, after a month long legal fight.
The show was at a standstill as the documentary web series received a stay on its release, from the Araria District court in Eastern Bihar adhering to the point claimed by Sahara group as the party argued that it would destroy Roy’s reputation. Along with the order received from the Araria court, Mr. Ramalinga Raju also secured an order from another State court.
“Bad Boy Billionaires” was set to release originally on September 2, but it had hit a legal hindrance after Mehul Choksi’s name appeared in the series. Mr.Subrata and Mr. Ramalinga approached courts seeking stay on the documentary-series claiming it would affect their trials. The digital platform released three episodes on Mallya, Modi and Roy after the court in Bihar’s Araria district on Saturday released the stay it had imposed on the release in September from airing the series. The episode on B Ramalinga Raju ,founder of Satyam Computer Services has been held by the over the top (OTT) platform.The episode on him has not been released as a result of Raju’s matter still pending in Hyderabad court, people familiar with the developments said.
Netflix had defended the claims stating that Indian government does not modulate content on OTT platforms.The American media services provider also depended on the laws of freedom of speech and expression to argue that the series is like a documentary, referring to facts, which are widely discussed in the public domain and aren’t sub-judice.The Centre also refused to intrude in the matter.
Choksi, who has taken the citizenship of Antigua and Barbuda in the Caribbean islands, approached the Delhi high court (HC) through advocate Vijay Aggarwal saying his reputation would suffer should the series stream with references to him and the legal cases awaiting against him.The Delhi HC had dismissed Choksi’s plea and had asked the Centre to rectify the digital content. A lower court in Araria had also asked Netflix not to use the name of Roy, which was challenged by Netflix. Roy argued that the series was a venture to smear his image.
The OTT platform took to Twitter to announce the airing of the show as it stated,”Bad Boy Billionaires is (finally) streaming!”
