According to
this interview, no matter what angle one's coming from, it's virtually next to impossible to get a hold of any film right's of the old auteur's.
So you will also release G. Arvindan or Adoor Gopalakrishnan films?
Yes, I had actually personally spoken to Adoor Gopalakrishnan about it. Rights of some of his films belong to one Mr. Ravi of General Pictures, who basically is a cashew nut exporter, and the conditions of the negatives are extremely bad, they are almost tattered. I really don’t know if some of his old films are even available. I had shown humongous interest in Adoor and Arvindan’s films. Arvindan’s family doesn’t know who has the rights. For example I spoke to Shaji for Piravi (The Birth) as well and there is some kind of a dispute going on between NFDC and himself and that’s why Piravi is not out in the country. So it is very easy for me to bring a film from foreign filmmaker than our own people. The condition in which the films are kept whether in terms of inventory logistics or whether in terms of rights management or disputes of copyrights, for whatever reasons they are not accessible to Indian audience except when you go to national film archives of India for the purpose of research and study.