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Court raps Bol Bachchan producers for dud cheques

[email protected] (Mumbai Mirror)
July 1, 2012

Bol_Bachan

One of the leading production houses in Bollywood is in serious legal and financial muddle. Ashtavinayak, the producers of money churners such as Jab We Met and the Golmaal franchise were dragged to court by financer Raju Shah after they failed to clear his dues of Rs 41 crore and several cheques were dishonoured.

On Friday the Bombay High Court pronounced the company a 'defaulter,' and directed Ashtavinayak to disclose all its agreements signed for Bol Bachchan. According to the court order (copy with this newspaper), Shah is also entitled to Ashtavinayak's earnings from Bol Bachchan and its various rights, since their cheques to him have bounced. Besides, the company has been barred from selling its shares of five subsidiary companies, till Shah's dues are cleared. If that was not enough, Shah is now moving court that Ashtavinayak's other assets including properties and film copyrights should be attached.

TOI (June 25) broke the story of how the Bol Bachchan imbroglio (we have a copy of the letter from Ashtavinayak to Shah saying all dues would be cleared before Bol Bachchan releases) had landed the company in legal and financial muddle.

Confirming the developments, advocate Rajeev Narula who argued on behalf of Shah told TOI, "Bombay High Court has passed the order, it is dated June 26, 2012." What if Ashtavinayak does not comply? Said Rajeev, "They have no choice."

Speaking to this paper, soon after the Court ruled the verdict in his favour, Shah's son, Yash said: "We fail to understand how can a company which earned so much with the Golmaal franchise and Jab We Met not clear its dues." Shah considers the court ruling as a moral victory. "I am relieved, justice has been done," he said.

When contacted, Rupen Amlani, a senior member from board of Ashtavinayak's directors, refused to comment. However a spokesperson of the company said: "No amount is due and payable to Raju Shah. That is why the court has not stopped the movie (Bol Bachchan)."



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Agencies
July 31,2020

Mumbai, Jul 31: Maharashtra Leader of Opposition and BJP leader Devendra Fadnavis on Friday said that the Enforcement Directorate should carry out an investigation in actor Sushant Singh Rajput's suicide case.

"There is a huge public sentiment about handing over #SushantSinghRajput case to CBI but looking at the reluctance of State Government, atleast @dir_ed ED can register an ECIR since misappropriation and money laundering angle has come out," tweeted Fadnavis.

Meanwhile, Union Minister Ram Vilas Paswan said that no FIR had been registered in Maharashtra yet and that the case must be handed over to the Central Bureau of Investigation (CBI).

"There is a confrontation between two states and there has been no FIR registered yet in Maharashtra. Chirag (Paswan) had spoken to CM Thackeray that there should be CBI probe. All political leaders are demanding for it. It should be handed over to CBI," Paswan said.

A team of the Bihar Police that arrived in Mumbai on Tuesday, recorded statements of two persons, including actor Sushant Singh Rajput's sister, on Wednesday in connection with the case.

An FIR was filed by Sushant Singh Rajput's father against actor Rhea Chakraborty in Bihar on Tuesday.

Rajput was found dead in his Mumbai residence on June 14.

According to the Maharashtra Police, statements of 41 people, including filmmaker Mahesh Bhatt, film critic Rajeev Masand, director-producer Sanjay Leela Bhansali, and filmmaker Aditya Chopra have been recorded in the investigation so far.

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News Network
June 15,2020

Thiruvananthapuram, Jun 15: Kerala Chief Minister Pinarayi Vijayan has condoled the death of actor Sushant Singh Rajput and recalled his support to the state during the floods in 2018.

The 34-year old Bollywood actor was found hanging at his apartment in Mumbai on Sunday.

"We are deeply saddened to hear of the death of Sushant Singh Rajput. His early demise is a great loss to the Indian Film industry. Our heartfelt condolences to his family, friends and supporters," Vijayan said in a tweet.

"We take a moment to remember his support during the time of Kerala floods

During the deluge in August, 2018, a fan had tagged him in a comment on his Instagram post and said, he don't have the money, but wanted to donate some food.

The actor, who spotted the comment, replied that he will donate Rs one crore in his fan's name.

Rajput donated Rs one crore to CMDRF in the name of his fan and uploaded the screenshot saying, My Kerala.

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News Network
March 28,2020

Mumbai, Mar 28: Bollywood superstar Akshay Kumar has donated Rs 25 crore to Prime Minister Narendra Modi''s initiative PM CARES Fund to lend support to the ongoing battle against the coronavirus pandemic.

Akshay wrote on Twitter: "This is that time when all that matters is the lives of our people. And we need to do anything and everything it takes. I pledge to contribute Rs 25 crores from my savings to Narendra Modi ji''s PM-CARES Fund. Let''s save lives, Jaan hai toh jahaan hai."

Earlier, the government set up the Prime Minister''s Citizen Assistance and Relief in Emergency Situations Fund, or the PM CARES Fund, with the objective of dealing with emergency situations such as the ongoing COVID-19 pandemic. Contributors to the fund will enjoy tax benefits, it has been announced.

"People from all walks of life expressed their desire to donate to India''s war against COVID-19. Respecting that spirit, the Prime Minister''s Citizen Assistance and Relief in Emergency Situations Fund has been constituted. This will go a long way in creating a healthier India," PM Modi announced in a tweet on Saturday.

The Prime Minister is the chairman of the trust that includes the home minister, the finance minister the defence minister

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