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A bench headed by Justice D Y Chandrachud said the fine amount of Rs 20 lakh shall be given to producers and cinema hall owners as compensation for violation of their right to freedom of speech and expression.
The court was hearing a plea by the film producer which alleged the movie was taken down from a majority of theatres at the behest of the state authorities.
On March 15, the top court directed the Mamata Banerjee government to ensure that no obstruction or restraint of any kind was imposed on the screening of the movie.
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The film, directed by Anik Dutta, was released on February 15. Its story revolves around a group of ghosts, including a politician, who assemble at a refugee camp and try to be relevant in contemporary times.
The film was allegedly withdrawn from single-screen theatres and multiplexes a day after its release.