This remake of the 1940 film with the same name tells the story of a theatre company, its men and women in love, mistakes and misunderstandings. Chico loves Tatão, who is courted by Artur. Graça loves Chico, but doesn't know he loves Tatão. Santana writes a play for the Grandelinhas that will serve as a guide to Chico passion and convince Tatão that he is a rich count. The play is then staged and they all end up in prison.
In the parish of Rio Meandro, two villages are at war over the construction of a dam that will submerge one of them: either Aldeia Velha or Aldeia Nova.