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.
Varun Dhawan Unveils First Poster of 'Nain Matakka' Featuring Keerthy Suresh!

Varun Dhawan's upcoming film Baby John is already creating waves in the entertainment world. The latest buzz surrounds the highly anticipated track "Nain Matakka," and the excitement reached new heights when Varun shared the

Friday, November 22, 2024
'Agni' Trailer Unveiled: A Tribute to Firefighters' Bravery and Sacrifice!

The much-anticipated trailer for Agni, directed by National Award-winning filmmaker Rahul Dholakia, was released on Thursday, offering a gripping look into the world of firefighters, their bravery, and the sacrifices they make to protect

Friday, November 22, 2024
Sara Ali Khan Shares Fun BTS Moments from Ad Shoot, Invites Fans to Let Their Spirits Soar!

Bollywood actress Sara Ali Khan recently took to Instagram to share a delightful behind-the-scenes (BTS) glimpse from her latest advertisement shoot, revealing her cheerful mood and creative spirit. In a playful and heartwarming post, Sara shared a video

Friday, November 22, 2024
Kartik Aaryan Enjoys Quality Time with 'Sea, Sand, and Sun' at IFFI Goa!

Bollywood heartthrob Kartik Aaryan, who is currently in Goa for the prestigious International Film Festival of India (IFFI) and Filmazaar, took a moment to unwind and connect with nature. The actor shared a series of serene pictures on his Instagram, showcasing

Friday, November 22, 2024
Shehnaaz Gill Starts Shooting for Punjabi Film: A New Journey Begins!

Actress and social media sensation Shehnaaz Gill is all set to embark on a new chapter in her career, as she commences shooting for her upcoming Punjabi film. The actress shared her excitement with her fans on Instagram, marking this milestone

Friday, November 22, 2024
ADVERTISEMENT
ADVERTISEMENT