The producers of ‘Bol Bachchan’, Ashtavinayak, are facing a court order after financer Raju Shah said his dues of Rs 41 crore and several cheques were dishonoured.
The Bombay High Court has pronounced Ashtavinayak “default” for the financial mess and has directed the company to disclose all its agreements for ‘Bol Bachchan’.
With the court order, which has been seen by the Mumbai Mirror publication, 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.
Furthermore, Shah is now moving court that Ashtavinayak’s other assets including properties and film copyrights should be attached.
Despite this, ‘Bol Bachchan’ is expected to release as normal at cinemas on Friday 6th July.