CCI to file case against Aamir Khan

October 17, 2013

Aamir_Khan_caseOct 17: CCI (Competition Commission of India), which is a fair trade regulating organisation, has said that it will act against 9 defaulters who have not paid the penalties levied on them. The list includes Aamir Khan, two film producers associations and six others.

While publishing the list of defaulters, CCI told that the total amount of penalty sums up to Rs. 2.17 crores and has been pending for the last two years. In these two years, neither any appeal has been filed by the petitioners nor has any appeal been rejected by CCI.

On May 25th 2011, an order was passed against 27 film producers in a case relating to anti competition practices by film makers. The order was also passed against Aamir Khan, who is both an actor and a producer. The penalty subjected to Mr. Perfectionist was Rs. 1 lakh. The order was filed by CCI post a complaint filed by FICCI – Multiplex Association of India.

The other people or organisations included Telangana Telugu Film Distributors Association, IATA Agents Association of India, Andhra Pradesh Film Chamber of Commerce, All India Organisation of Chemists & Druggists and Film Distributors Association, Kerala. Among the nine defaulters, All India Organisation of Chemists & Druggists has been asked to pay the highest penalty of Rs. 1.47 crores. Andhra Pradesh Film Chamber of Commerce has to pay Rs 12.89 lakh, Telangana Telugu Film Distributors Association and IATA Agents Association of India have to pay Rs 1 lakh each as penalty. A. Ganesh and K. Manju have to pay penalties of Rs 26 lakh each. Film Distributors Association of Kerala has to pay Rs 1.27 lakh and Chemists & Druggists Association of Goa has to pay Rs 1.02 lakh. CCI has told that it will take necessary steps to recover the penalty amount from the entities. CCI spokesperson said, “CCI could initiate prosecution under Section 42(3) of the Competition Act for not complying with the orders of the Commission and follow-up reference to Income Tax Department could be made for action on recovery certificates already issued to these entities.”

Aamir Khan production house known as Aamir Khan Productions was charged in 2011 for behaving like a cartel. Even late Yash Chopra's Yashraj Films and Shah Rukh Khan's Red Chillies Entertainment were fined in 2011. CCI spokesperson said that the actions by film producers and distributors were in ‘nature of cartel like conduct'.

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News Network
April 25,2020

Mumbai, Apr 25: Actor Vidya Balan has decided to donate 1000 Personal Protective Equipment (PPE) kits to the frontline healthcare staff across India.

In a video message posted on her Facebook page, the actor announced that she is also collaborating with celebrity shout-out platform Tring to raise money for additional 1000 PPE kits.

“In the war against COVID-19 our health care professionals are like our soldiers at the border fighting for our health and freedom. Just like we equip our soldiers for the battle we must do the same with our medical staff. There is a critical shortage of PPE for our senior doctors, residents, nurses and ward boys in their daily work.

“As a result, a lot of our hospitals are not functioning at full capacity. Join me in changing this now. I am donating 1000 PPE ktis to hospital and medical staff across the country. And I am pledging to raise money for another 1000,” she said.

According to a statement issued by the actor’s team, she has joined hands with Tring to provide additional 1000 PPE kits, in association with Manish Mundra of Drishyam Films and photographer-producer Atul Kasbekar.

For donations made through Tring, Vidya will be recognising the support of every donor by sending a personal thank you video message, and a chance for a two-minute video call with her.

Vidya said each PPE kit is worth Rs 650 (all-inclusive of delivery costs and applicable taxes) and it consists of one coverall laminated and waterproof, nitrile gloves, goggles, face shields, 3-ply surgical mask and shoe covers.

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Agencies
January 6,2020

Kochi, Jan 6: A trial court on Monday framed charges against Malayalam film actor Dileep and other accused in the case of alleged abduction and molestation of a south Indian actress in 2017.

The actor and nine other accused were present in the additional special sessions court in Ernakulamwhen the charges were framed against them.

All of them have denied the charges.

On Saturday, the Court had dismissed a plea filed by Dileep, seeking to exclude him from the list of accused.

The Court had admitted the prosecution argument that there is prima facie evidence against him in the crime and dismissed the plea of the actor, who is eighth accused in the case.

The court had also not allowed a plea by the actor to grant him 10 days time to file the appeal in a higher court in the light of the Supreme Court order in November 2019 that the trial should be completed in six months.

The court is hearing the case in-camera.

On December 19, Dileep, along with his lawyers and a technical expert, had examined the contents of the electronic records at the closed room of the court.

Earlier, the Supreme Court had directed that the actor be allowed to inspect the records to enable him to present an effective defence during the trial.

In February 2017, the actress was allegedly abducted and molested by the accused.

Seven people, including the key accused 'Pulsar' Suni were arrested in connection with the actress' abduction case.

There are 10 accused in the case.

The entire act had allegedly taken place in a moving vehicle, which was filmed by the accused to blackmail her.

Dileep was subsequently arrested and arrayed as an accused in connection with offences under provisions of the Indian Penal Code and IT Act.

The top court had directed that the trial in case be concluded expeditiously, preferably within six months from the date of the judgement.

A woman judge is hearing the case.

In February 2019, the High Court, while considering a plea seeking to transfer the case to a Sessions Court headed by a woman judge to conduct the trial, had ordered the CBI special court Judge-III Ernakulam Honey M Varghese to complete the trial expeditiously.

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News Network
June 9,2020

New Delhi, Jun 9: Multiplex operator PVR on Monday said it has cut salary across various levels, laid off employees and deferred increments during the lockdown to mitigate adverse impact of COVID-19 on the business.

The company said at present it is not generating any revenue from exhibition business and related activities as cinemas across the country are shut following the directions from the regulatory authorities.

According to the company, closure of screens during the lockdown will have a significant negative impact on profitability and liquidity.

PVR has taken measures to reduce its personnel cost, including salary cuts across various levels in the organisation during the lockdown along with "reduction in headcount by way of layoffs/retrenchment" to mitigate the adverse impact of COVID-19 on the business.

Moreover, the board of the company, in its meeting held on Monday has also approved plan to raise Rs 300 crore through rights issue.

"Since Cinema Exhibition is the only business segment, company is currently not generating any revenue from admissions, food and beverage sales or other revenue and cash flow from operations," said PVR in an update.

Beginning from March 11, PVR started closing its screens in accordance with the order passed by various regulatory authorities and within a few days most of our cinemas across the country were shut down, it added.

The company will continue to incur committed cash outflows, including employee salary pay-outs, other overheads as well as payments for older working capital.

"This has and will have a significant negative impact on profitability and liquidity during lockdown and even thereafter till business comes to normalcy," it added.

Further, once the cinemas are re-opened, we may not be able to run our cinemas at normal capacity utilisation levels on account of social distancing measures that cinemas may be required to follow as well as health concerns that the patrons may have, the multiplex operator said.

"On account of this, our revenue and cash flow generation may be impeded even once we are allowed to restart operations," it added.

The company has also deferred decision on on increments to reduce its cost, it added.

PVR has also written to developers for waiving rental and CAM (Common Area Maintenance) charges for the lockdown period.

It is in discussion with developers for reducing rentals post re-opening and has invoked force majeure clause in its agreements with them.

Besides, the company has raised additional borrowings from existing bankers to shore up liquidity.

"As of March 31, 2020 the company had cash and bank balance of Rs 316 crore. As on June 7, 2020 cash and bank balance is Rs 227 crore (including undrawn bank lines)," it added.

Over reopening of theatres, PVR said that the government has come out with a phase-wise schedule.

In these guidelines cinema halls have been kept in the third phase of re-opening, where dates will be decided based on assessment of the situation.

"We are in continuous engagement with all regulatory authorities and hope to receive the necessary permissions for restarting opening in the near future," it added.

Currently PVR operates 845 screens in 176 properties in 71 cities.

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