[Source: Bollywood Hungama]
As per a notice published in Atul Mohan’s Complete Cinema magazine, Eros has claimed that it holds the Intellectual Property Rights as well as the rights to the title, digital rights and music rights on a ‘sole and exclusive basis’.
Eros also claimed that it has the exclusive rights to Welcome Back (2015).
Further, the notice stated that Firoz Nadiadwala’s Base Industries Group owes Rs. 60,07,75,236, inclusive of interest, to Eros International as on April 17, 2023. The notice then claimed that Base Industries Group had agreed that until it doesn’t make this payment, Eros International will possess the sole rights to Hera Pheri 3. It also claimed that Nadiadwala had made it clear that it would not create third-party rights or try to release Hera Pheri 3 in India or any part of the world without the consent of Eros International.
Towards the end, the notice emphasized that they have similar rights to all the forthcoming films of Firoz Nadiadwala, including Awara Paagal Deewana 2.
Finally, it requested everyone to refrain from doing any deal with Base Industries Group with regards to Hera Pheri 3.