Netflix was all set to release its upcoming documentary which focuses on the lives of four prominent business magnates of India including Vijay Mallya, Nirav Modi, Subrata Roy, and Ramalinga Raju who all achieved predominant success in their businesses during their lifetime before being accused of numerous corruption charges.
However, the show is currently facing a standstill as the documentary web series received a stay on its release, from the Araria District court in Eastern Bihar last week, adhering to the point claimed by the Sahara group as the party argued that it would destroy Roy’s reputation. The reason for the ceasing of the show was received from a copy which was not public but was seen by Reuters on Thursday.
The district court agreed that the series would certainly damage the reputation of the head of the Sahara company. Upon the court’s decision, Netflix decided to reopen the case in the Supreme Court. However, the U.S streaming giant was directed by its legal team to first approach the Higher Courts as of Wednesday.
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The series focuses on Subrata Roy who is on a bail in a case where he has been ordered to repay billions of dollars to the investors of a scheme run by Sahara which was found to be illegal. Nirav Modi is facing extradition attempts by India after he was arrested in London owing to a 2 billion dollar fraud while Mallya, owner of his defunct Kingfisher Airlines is currently in Britain fighting his deportation to India for his alleged fraud case. Adding to the order received from the Araria court, Mr. Ramalinga Raju also secured an order from another state court. Mr. Raju was accused of a 1 billion dollar accounting fraud case a decade ago. It is not clear yet whether Mr. Mallya or Mr. Modi have yet filed for cases.
Netflix counts India as it’s a potential market for key growth. However many of its shows have faced court cases and police complaints about its profanity and hurting sentiments. The makers of the film and executives from the OTT company were not available for comment.
