SC allows Boney Kapoor to release Wanted

The Supreme Court on Wednesday allowed Bollywood producer Boney Kapoor to release his film Wanted starring Salman Khan on September 18 after he deposited security of Rs two crore by September 16.

Kapoor had run into a legal dispute over an advance of Rs 10 crore he had taken from financer LMB Holdings, a B4U group company.

The Bombay High Court, while directing the producer to secure the amount, had restrained him from licensing the Salman Khan-starrer Wanted to third party till the amount was deposited.

A bench headed by Justice B N Agarwal allowed Kapoor to release the film after his counsel Mukul Rohtagi offered to deposit Rs 2 crore with the registry of the Bombay High Court as a security amount by September 16.