Fox Star Studio doesn't have any obligation towards Bhanot family, issued an statement

Sonam Kapoor starrer film Neerja proved successful but later is embroiled in a fight over monetary issues with Neerja Bhanot's family.

Bhanots’ legal counsel, Hemant Saini stated, “The parties entered into an agreement which promised the family 10 per cent profits, over and above the initial stipulated amount. Now, the producers are indicating that the contract referred to the percentage made by Bling alone, and not by both the producers. They claim that the amount the family is demanding belongs to Fox, which, they say, is not a party to the agreement. They say most of the profits have gone to the studio and they can only give what they have. However, it was made clear that if the producers assign the rights to anybody else (in this case, to Fox), they too will be bound by this agreement. It’s a clear case of cheating.”

Hemant Saini also said, “The movie made over Rs 135 crore, but Kasbekar’s company said the studio would keep 80 percent of the profits. The family was given a small amount (nearly Rs 25 lakh), which they refused to accept. They wanted to use the profits to set up a charitable trust to help women in need.”

And now, Fox Star Studios issued a statement on the same, "Fox Star Studios is extremely proud of its film Neerja and holds the Bhanot family in great esteem. However, the facts are that the Studios does not have any contractual obligations towards the Bhanot family as the life rights and permissions were obtained by Blingg Unplugged from the Late Neerja Bhanot's family long before Fox Star Studios came onboard to produce the film. Fox Star Studios has been duly honouring its contractual obligations towards Blingg Unplugged. It's unfortunate that Blingg and Bhanot family have not been able to resolve their disagreements. The life story of Neerja Bhanot inspired the nation and the movie created history, created memories that we deeply cherish, memories that will last forever. We hope for quick resolution to the ongoing issue."

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