Producer Aascar Ravichandran has confirmed to Silverscreen that I would definitely release on January 14. Speaking to us, the producer said, “I would like to assure all Vikram and Shankar fans that the film is most definitely releasing this Pongal.” The much delayed movie was in the news again yesterday when Picture House Media filed a case against its producer Ravichandran stating that the he had failed to pay an ‘outstanding’ amount of Rs 17.5 crores.
On hearing the case, the judge passed a restraining order, advising Aascar Movies to hold I’s release till the loan was paid. But a source close to Aascar told us that the matter has been resolved amicably by both parties over several meetings. We hear that the loan amount will be paid immediately and that the order will be called off by tonight.