Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India

Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India

SUMMARY

The Hyderabad court’s order came in response to a petition filed by Satyam Computer Services founder B Ramalinga Raju

Earlier, a lower court in Bihar had stayed the release of the web series, in response to a petition filed by Sahara India Parivaar chief Subrata Roy

Ramalinga Raju, Subrata Roy, Vijay Mallya and Nirav Modi are the four Indian business tycoons whose stories have been portrayed in the web series

A local Hyderabad court has stayed the release of streaming giant Netflix’s upcoming docuseries ‘Bad Boy Billionaires’, saying that its release could cause “irreparable loss” to Satyam Computer Services founder B Ramalinga Raju. 

The docuseries details the journey of some of India’s controversial business tycoons. Its description on Netflix says, “This investigative docuseries explores the greed, fraud and corruption that built up — and ultimately brought down — India’s most infamous tycoons.” 

Raju’s petition in the court said that the depiction in the trailer of the series was without any proper basis, more so since the cases “in relation to issues highlighted in the trailer are pending adjudication before the competent courts of law.” 

Earlier a lower court in Bihar’s Araria had restrained Netflix from releasing the series by noting that the petitioner’s (Roy) alleged cases of financial fraud are sub judice, and he would suffer a loss of reputation in the eyes of the public if the series is permitted to be broadcast.

Sahara India Parivaar chief Subrata Roy, Satyam Computers founder Byrraju Ramalinga Raju, liquor baron Vijay Mallya and diamond merchant Nirav Modi are the four businessmen whose stories have been told in the Netflix docuseries. 

Another local court in Bihar’s Araria district earlier granted a stay on the release of the series, in response to a petition filed by Subrata Roy. 

Earlier this week, the Supreme Court refused to entertain a writ filed by Netflix seeking vacation of stay and asked it to approach the Patna high court.

Now, Netflix is planning to transfer both the injunctions, by Bihar and Hyderabad local courts, to the Bombay high court where the company’s India office is located. While both Roy and Ramalinga Raju were able to get injunctions on the release of the docuseries, Mallya and Modi, the other two named in the series won’t be able to do so.

Section 14 of the Fugitive Economic Offenders (FEO) Act says that any person or company, who has been declared fugitive economic offender, may be disallowed from putting forward or defending any civil claim by any court or tribunal in India.

All four business tycoons whose stories have been portrayed in the Netflix docuseries have been convicted for various cases relating to financial fraud and similar offences. 

Netflix declined to comment on the action taken by the courts when approached by Inc42

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India-Inc42 Media
Netflix’s Docuseries ‘Bad Boy Billionaires’ Hits Court Hurdle In India-Inc42 Media
You’re in Good company