Bollywood Hungama·
Auron Mein Kahan Dum Tha release funding row: Reliance Entertainment Studios enters insolvency process over Pen India’s Rs 11.94 crores claim
The National Company Law Tribunal (NCLT), Mumbai, has admitted Reliance Entertainment Studios Private Limited into the corporate insolvency resolution process (CIRP) over an alleged default of Rs 11.94 crores linked to the release of Ajay Devgn’s Auron Mein Kahan Dum Tha. In an order passed on August 19, a bench comprising judicial member Nilesh Sharma and technical member Sameer Kakar held that the Rs 20 crores advanced by Pen India to finance the film’s release qualified as financial debt und…
Read at Bollywood Hungama →
