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01-20-2013, 06:27 PM #1
- Join Date
- Sep 2011
Shree Ashtavinayak boss Dhilin Mehta arrested
Dhilin Mehta, who heads Shree Ashtavinayak Cine Vision Ltd, was picked up by the Rajasthan Police at the international airport in Mumbai, just hours before he was scheduled to board a flight to Dubai.
Mehta owes `1.58 crore to Jaipur-based line-producer Surender Kalra for Ashtavinayak's Sher, that stars Sanjay Dutt. Before Mehta could be produced in court, a director from the company reached Jaipur and paid Kalra `40 lakh in cash and handed over post-dated cheques of `80 lakh and the magistrate's court gave Mehta bail. His passport, however, was seized.
This isn't the only case against the production house. Film financer Raju Shah had filed a case against it for unpaid dues of `36 crore. Eros International too filed a petition against it last year, accusing it of breaching contract. The company's stock price, that had touched `500 in 2007-08, was a piffling `2.47 at the close of trading at the Bombay Stock Exchange on Friday.
01-20-2013, 06:58 PM #2