Delhi HC directs WhatsApp to suspend services of users pirating ‘Radhe’

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Mumbai, May 24 | On the basis of a suit filed by Zee, the Delhi High Court has ordered WhatsApp users to stop circulating Salman Khan’s latest film “Radhe: Your Most Wanted Bhai”. This comes after the distributor alleged that the film has been a victim of rampant piracy through social media platforms.

The High Court has directed WhatsApp to suspend services to numbers that are being used to sell pirated copies of the film.

The court has also directed the country’s leading telecom operators — Airtel, Jio and Vodafone — to disclose subscriber details of the offenders, with Zee to initiate further legal action against them.

The Delhi High Court order mentions: “The Plaintiff has filed the instant suit for permanent injunction, rendition of accounts and damages for the infringement of Plaintiff’s exclusive license and exploitation rights in the cinematograph film ‘Radhe: Your Most Wanted Bhai’ (in short ‘the film’). As stated in the plaint, the Plaintiff is the exclusive licensee and holder of various exploitation rights including Theatrical Rights, Satellite Rights, On Demand Rights, etc. in and to the film, including, inter alia, the exclusive right to distribute/exhibit/release the film and/or make the film available to the public through theatrical, internet, digital and online streaming platforms/OTT platforms, Transactional Video On Demand (TVOD) etc.”

Talking about piracy, it further says: “The film was released on 13th May, 2021 on the Plaintiff’s digital entertainment streaming service ‘Zee 5′ for public viewing on a pay-per view basis. The Plaintiff received information that the film was victim to rampant piracy through social media platforms, including the messaging service ‘WhatsApp’. The Plaintiff became aware that several infringing/illegal copies of the film and also various video clips thereof have been made/created/stored and are being unlawfully copied, stored, reproduced, transmitted, circulated, shared, sold and/or being made available for illegal and unauthorised viewing, download and storage to public at large by individuals on several social media platforms, including ‘WhatsApp’.”

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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