The Telugu Film Chamber of Commerce has conveyed to the Telugu Film Producers Council that no disputes between producers and distributors will be mediated by it in cases where there are no written agreements between the two parties.
"The Chamber has been receiving a growing number of complaints arising out of distribution and related commercial transactions. It has been observed that in several such cases, the concerned parties had entered into business arrangements without executing proper written agreements clearly recording the mutually agreed terms and conditions. The absence of written agreements has resulted in avoidable disputes and has limited the ability of the Chamber to objectively examine and address such complaints," the TFCC said in a statement.
From now on, the Chamber will not even register, much less process, any complaint or dispute arising out of transactions where no written agreement exists between the concerned parties. "Furthermore, members who wish to submit complaints must do so within 15 days, along with a copy of the executed agreement. This procedure shall be strictly enforced to ensure proper verification and fair handling of all complaints. Parties entering into commercial arrangements without proper documentation shall do so at their own risk and responsibility," the statement added.
