Production house of 'Bol Bachchan' runs into financial troubles

Production house of 'Bol Bachchan' runs into financial troubles
Monday, April 21, 2014 14:14 IST
The head honcho of the production house allegedly got into a scuffle with one of his financers over unsettled finances

It is being said that Raj Mehta, who headed the production house, Shree Ashtavinayak Cine Vision Ltd, recently had a spat with one of the financers of his firm. If sources are to be believed, tempers in this firm have been running high due to its unsettled finances.

Says a source, `There is extreme discontent among the financers who have worked with Ashtavinayak. Recently, an ugly scuffle broke out between Raj Mehta and one of the firm's financers over settlement of dues.`

The source adds, `The firm has had some big hits such as Bol Bachchan and the Golmaal franchise, but then again, they also incurred losses when some other films failed at the box office. The owners then ran into legal and financial trouble with a bank resulting in Ashtavinayak shutting shop.


This led to further problems with payments. Matters seem to have come to a head when an angry financer recently caught hold of Raj Mehta.` Mehta remained unavailable for comment.
Rajkummar Rao's Fierce Gangster Avatar in Maalik Hits Cinemas on this date!

After an overwhelming response to their intense poster, Tips Films and Northern Lights Films have finally

Tuesday, February 18, 2025
From Zakir to Bassi to Munawar: JioHotstar Unveils 20 Original Shows, Showcasing Your Favorite Creators Like Never Before!

JioHotstar is set to redefine India’s entertainment landscape, introducing ‘Sparks’, a flagship creator-driven

Tuesday, February 18, 2025
What Happens When Parents Go 'Modern? Kaushaljis vs Kaushal Trailer Unveils a Hilarious Generational Face-Off!

What happens when the generation gap takes an unexpected and hilarious turn? The much-anticipated

Tuesday, February 18, 2025
Grazia India's February cover star, Veer Pahariya, talks about his Bollywood debut, pushing boundaries, and cutting out the noise!

Grazia India's February issue turns the spotlight on Veer Pahariya, who made his big Bollywood debut

Tuesday, February 18, 2025
Seerat Kapoor's Regal Charm: A Perfect Fusion of Tradition, Luxury, and Modern Sophistication!

Tollywood and Bollywood diva, timeless grace and fashion icon Seerat Kapoor steals the show as

Tuesday, February 18, 2025
ADVERTISEMENT
ADVERTISEMENT