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
March 3,2020

Chennai, Mar 3: Makkal Needhi Maiyam president and actor Kamal Hassan on Tuesday appeared before Chennai Police on Tuesday in connection the deaths last month of three people on the set of the movie, 'Indian 2'.

Hassan appeared before Chennai Police Commissioner in Egmore to record his statement.

Three people died while around 10 suffered injuries when a crane collapsed while shooting of the film was underway in Chennai at EVP Studios on February 19.

Madhu, personal assistant to director Shankar, Krishna, assistant director, and a staffer Chandran, lost their lives in the incident.

In an open letter, "Indian 2" Director S Shankar announced Rs 1 crore as financial assistance to the kin of the deceased.

'Indian 2' stars Kamal Haasan, Kajal Agarwal, Rakul Preet, Siddharth, Priya Bhavani Shankar, Delhi Ganesh and Nedumudi Venu in prominent roles.

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News Network
April 8,2020

Mumbai, Apr 8: Bollywood superstar Salman Khan has started the process of transferring funds into the accounts of daily wage workers of the film industry, the Federation of Western Indian Cine Employees (FWICE) said on Wednesday.

The actor had recently pledged to financially support 25,000 daily wage workers who have been badly hit by the 21-day lockdown to contain the coronavirus spread in the country.

According to B N Tiwari, FWICE, President, Salman has made an initial payment of Rs 3,000 each to the daily wage workers of the film industry, starting Tuesday.

"We had given him the final list of 23,000 workers so far, who were in dire need of financial help. He is going to transfer money in installments as he doesn't want people to misuse it. He has transferred about Rs 3,000 to every worker yesterday and he will transfer money again after some time. We are thankful to him for helping our workers," Tiwari told PTI.

A source close to Salman said the superstar will continue to support the workers until the situation improves in the country.

"We have started the process from Tuesday. We will be giving sufficient money to workers monthly, we will also give money next month and if the situation is still the same, we will continue to financially help the workers till it doesn't return to normalcy," the source said.

FWICE said Yash Raj Films have also provided a financial help of Rs 5,000 to around 3,000 workers.

"Besides Salman, a lot of people from Bollywood have come forward to help the workers, including Ajay Devgn and Rohit Shetty, who have given Rs 51 lakh each. Boney Kapoor and Arjun Kapoor too have given money and there are few more who have offered financial assistance to the federation. We also received Rs 1.5 crore from the Producers Guild of India on Tuesday.

"The federation has received a total amount of Rs 3 crore from film industry people. We are yet to receive money from Netflix, which they had announced for daily wage earners and also from Amitabh Bachchan, who is going to provide ration to one lakh workers. He is going to provide coupons which we should receive in a day or two," Tiwari said.

He further said Bachchan's ration coupon for workers will also be given to other associations across the country, such as in Chennai, Hyderabad, Kolkata and Karnataka.

Tiwari said FWICE is in the process of making another list of needy workers and then they will begin the process of transferring money.

"The Rs 3 crore that the federation has received will be distributed among our five lakh workers in Maharashtra. We will start sending money from April 14 in phases. Those who haven't received any financial aid will be helped first. We are in the process of making a list of such workers for the same," Tiwari said.

"FWICE has also begun distributing ration to workers in suburban Andheri and Jogeshwari. So far we have distributed 5,000 packets of ration and we will give more, he added.

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Agencies
June 26,2020

Los Angeles, Jun 26: Warner Bros has moved its Christopher Nolan-directed espionage thriller Tenet from July 31 to August 12.

It's the second delay for the highly-anticipated movie, which was originally scheduled to release on July 17 but was postponed to July 31 due to coronavirus pandemic.

Warner Bros. is committed to bringing Tenet' to audiences in theaters, on the big screen, when exhibitors are ready and public health officials say it's time. In this moment what we need to be is flexible, and we are not treating this as a traditional movie release.

We are choosing to open the movie mid-week to allow audiences to discover the film in their own time, and we plan to play longer, over an extended play period far beyond the norm, to develop a very different yet successful release strategy, a Warner Bros spokesperson said in a statement to Deadline.

The studio has also delayed the US re-release of Nolan's sci-fi blockbuster Inception, in honour of the film's 10th anniversary, to July 31.

Tenet features John David Washington, Robert Pattinson, Elizabeth Debicki, Kenneth Branagh, Aaron Taylor-Johnson, Michael Caine, Clemence Poesy, Dimple Kapadia and Himesh Patel.

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