The movie is slated for an all India release tomorrow.
Film production company Nadia Movietone Pvt Ltd had filed a suit against Bhardwaj seeking a stay on "Rangoon" on the ground that the film had allegedly copied the script of their 1935 film "Hunterwali" in which Australian actress Mary Ann Evans had portrayed the role of 'fearless Nadia'.
"Until the petition is finally disposed of, the makers of 'Rangoon' are directed to deposit bank guarantee of Rs 2 crore with the Registrar of the high court. This is without prejudice to any one," observed Justice K R Sriram.
Nadia Movietone argued that Bhardwaj's film "Rangoon" had copied the character of Evans and also her dialogues which was being played by Bollywood actress Kangana Ranaut. "Not only Ranaut had dressed like Evans but also had copied her catchphrase 'bloody hell'", its lawyer argued.
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On the other hand, Bhardwaj's lawyer Ravi Kadam denied that it was a case of copyright violation and added that the script was original and a result of hard work and research done by the film maker and his team since many years.
Kadam said "Rangoon" was based on information which is in public domain.
"There cannot be a copyright claim to a historical event or a person," Kadam argued.
He further argued that at the most in such a case an aggrieved party can stake claim to the concerned person's rights.
The suit alleged copyright violation and plagiarism and should therefore be dismissed, he submitted.