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Pooja Leisure, helmed by producer Vashu and Jackky Bhagnani has been via a tough patch following a string of movies that below carried out on the Field Workplace. The newest nevertheless, within the complicated internet of economic controversies involving the manufacturing home, is an unsightly authorized tussle with streaming large, Netflix. Bhagnani has sued Netflix for dishonest and non-payment of dues to the tune of practically 47.37 crores. Whilst Netflix issued a denial and claimed that it’s Pooja Leisure that owes them cash, the case, now below investigation by the Financial Offences Wing, appears to be stacked within the favour of Bhagnanis, owing apparently to non-cooperation from Netflix India.
Additionally learn: Bade Miyan Chote Miyan producers accuse director Ali Abbas Zafar of siphoning funds; file criticism
Talking completely to HT, the investigating officer on the case, Senior Inspector Ravindra Avhad, says, “This quantity of ₹47.37 crores is what Netflix owes to the complainant Vashu Bhagnani. However Netflix just isn’t cooperating. We despatched them two summons, however they aren’t showing. They have not replied to the letter despatched to them by us. Bhagnanis got here to us in April, we recorded their statements, collected the required paperwork. Netflix requested for a while, however aaye hello nahi. Decrease degree ke workers ko bhej dete hain assertion ke liye, however it’s Monica Shergill (Content material Head, Netflix India) who ought to seem.” When requested about Netflix’s counter declare on Bhagnanis as per their media assertion, he provides, “I’m not privy to what assertion Netflix has issued, however aisa kuchh nahi hai.”
Netflix shared the identical media assertion with us once we reached out to them, “These claims are utterly unfounded — certainly it’s Pooja Leisure that owes Netflix cash. We have now a robust monitor file of partnership with the Indian inventive group and are working with the authorities to resolve this dispute.”
Vashu Bhagnani, says “We registered the case towards Netflix in April. We have now full religion within the EOW to resolve the matter.”
The Context
Vashu Bhagnani, in his criticism filed in April 2024, claimed that Netflix ‘conspired towards the rights’ of his three movies – Hero No 1 (but to be totally shot), Mission Raniganj and Bade Miyan Chote Miyan. He filed a criticism towards Los Gatos Manufacturing Providers India, via which Netflix studies its content material investments in India, Zoo Digital India and towards executives of each firms. Netflix, in its response, issued a spokesperson assertion on Wednesday. (See field).
In the meantime, a supply aware about the developments within the case tells us on situation of anonymity, “Bhagnanis have been within the trade for over 40 years, and proper now they really feel the whole trade just isn’t supporting them via their tough patch. Whereas they’ve suffered heavy losses, their final movie’s director (Ali Abbas Zafar; Bade Miyan Chhote Miyan) has taken over 14 crores of their cash, for which they’ve lodged a police criticism. They’re keen to repay everybody’s pending dues, a minimum of they need to get their dues first so as to do it.”
