P. Vasu

In June 2013, P. Vasu revealed that he was set to direct an English film titled Curry in Love, with an apparent star cast of Sonam Kapoor, Anil Kapoor, Vijay, Eddie Murphy and Jon Voight. However, the supposed cast denied the reports as baseless and P. Vasu postponed the film, citing a delay in production. Later in April 2017, Vasu revealed that he still had intentions of making the film if he found a producer to help finance the project. Similarly in early 2014, P. Vasu released an official statement claiming that his next film would be an animatronics venture titled Aishwaryavum Aayiram Kaakkavum and that Aishwarya Rai would feature in the leading role. Aishwarya Rai's team later denied claims citing that such allegations of an agreement were premature. In 2018, Vasu announced intentions of making a live action film featuring an animated version of M. G. Ramachandran.

He produced about 25 films in Tamil and Telugu and became one of the leading producers in the south. He produced with his brother M. C. Sekhar, who was a cinematographer. M. C. Sekhar had worked as a cinematographer for more than 150 films. Peethambharan died on 21 February 2011 at the age of 89.

The director went through a career slump in the mid-1990s after a series of failures in 1995, through the Prabhu-starrers Kattumarakaran and Mr. Madras, while his high budget romantic musical Love Birds also received average reviews and collections.

Vasu has won recognition for his work from the film fraternity and the state government. He won state awards for three years in a row from 1990, for Best Screenplay and Dialogues in Nadigan, in 1991 as Best Director in Chinna Thambi, and in 1992 for Best Screenplay and Story in Walter Vetrivel. He was awarded the Filmfare award for Best Direction in the movie Aaptha Mithra. He was awarded the Kalaimaamani Award in 2004, with his father Shri M. Peethambaram who was an awardee for his contribution in the field of make-up. He also won the Tamil Nadu State Film Honorary Award - Jayalalitha Award in 2002.