Following the recent legal developments involving Puja Entertainment (India) Ltd. and the interim status quo order passed by the Civil Judge (Senior Division)-I, Katihar, Tips Music Limited has now issued an official clarification responding to the matter.
In its statement, the company has asserted that it is the lawful owner of the music rights in question and has disputed the claims made against it. Tips Music Limited has further stated that it remains confident of defending its position before the appropriate courts and will take all necessary legal steps to protect its interests and ownership rights.
The complete clarification issued by the company is reproduced below in full.
Tips Music Limited (“Tips” has become aware of a suit filed by Puja Entertainment (India) Ltd. (“PEIL”) before the Civil Judge (Senior Division), Katihar, Bihar.
While formal copies of the order are awaited, Tips clarifies that it is the lawful owner of the music rights in question, supported by valid and binding agreements between the parties. Tips has openly and legitimately exploited these rights for nearly three decades in full compliance with applicable laws.
The claims made by PEIL are strongly disputed and appear to be malicious, misconceived, and intended to tarnish the reputation and goodwill of Tips. Tips remains fully confident in defending its rights before the appropriate courts and shall take all necessary legal steps to protect its interest and ownership of rights.
