India, Dec. 11 -- After Akhanda 2 was postponed by a few days due to the debt owed to Eros International by 14 Reels, Vaa Vaathiyaar has faced a similar fate. Nalan Kumarasamy's Karthi and Krithi Shetty-starrer received a stay from the Madras High Court over unpaid debt. A distributor for the film has now confirmed that the film's release has been postponed from December 12.

Studio Green's KE Gnanavel Raja, the producer of Vaa Vaathiyaar, faces an outstanding debt of Rs.10.35 crore, which has increased to Rs.21.78 crore due to accumulated interest. The sum was borrowed from businessman Arjunlal Sundardas, who was declared insolvent by the Madras HC in 2014. The official assignee managing the businessman's assets has sought recovery of th...