Aishwarya backs out of KriArj movies - Page 2

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Posted: 7 years ago
#11
Lmaoo like this is a surprise! I am surprised she didn't the next day she knew this PH was in trouble which is weird too since Ash is a big part of BW + 1st family's Bahuraani. Well, better late than never.
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Posted: 7 years ago
#12
I remember when he came on KWK he kept on choosing Madhuri when asked about anything related to Heroines..even when she was not in the option.
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Posted: 7 years ago
#13

Wow... this KriArj mess is for real. So many projects left hanging 😲

How come Vishal films Chhuriyaan with them??? 😕
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Posted: 7 years ago
#14
I always found it fishy that they wanted Ash in like 3 different movies. I was also skeptical of that
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Posted: 7 years ago
#15

Who is the real cheat?

DECCAN CHRONICLE. | NOYON PARASRA JYOTI
PublishedApr 11, 2018, 12:13 am IST
UpdatedApr 11, 2018, 12:13 am IST
The case opened at the Bombay High Court on Monday to some rather interesting developments.
John Abraham
John Abraham

Court proceedings by Prerna Arora-led production house KriArj against John Abraham over Parmanu are throwing up some interesting revelations about the complainant

Producer Prerna Arora and actor John Abraham are in the midst of a big fight, where each has filed criminal cases against the other on charges of cheating. The case opened at the Bombay High Court on Monday to some rather interesting developments.

A source present at the hearing informs that some surprising revelations came from Kyta Productions, a new company led by ex T-series head of films, Ajay Kapoor.

"It is barely known that Kyta was a co-producer on Parmanu. However, they revealed that they had paid '5.5 crore to KriArj towards production of the film, an information that was suppressed in KriArj's complaint, says the source. At the hearing, Kyta also announced that they were cancelling their agreement with the production house.

Meanwhile, Zee, who was also part of the hearing, asserted that they had paid money to KriArj for various rights of the film. "Zee informed the court that they had paid Rs 27 crore for acquiring satellite, digital and IPR in the film and this money was used for production of the film, says the source, adding, "It is now on record that Kriarj has already pocketed more money than what they claimed to have paid for production of the film. The matter will now be heard on Wednesday.

Interestingly, KriArj had more to deal with when the shoot of their next production, Batti Gul Meter Chalu starring Shahid Kapoor was stopped after the hotel where the crew was put up decided to seize shoot related equipment following non-payment of dues.

Clearly, a pattern seems to be emerging. In fact, in one of the earlier statements given out by JA Entertainment, they had stated, "The industry knows of Kriarj's track record. There has been a similar incident in the past with another film where they did the same thing. Turns out that film is Anushka Sharma's recently released Pari. A source close to JA Entertain-ment reveals, "Karnesh Sharma, Anushka's brother and producer of Pari, put his own money to release the film after KriArj just failed to pay up. And now John is afraid that he might have to do the same thing.

The source adds, "JA Entertainment has been very confident of Parmanu and got rather upset when KriArj kept delaying it. Their hopes were shattered when KriArj randomly announced that Pari and Parmanu would release on the same day. And if Prerna is allowed to have her way, the film might not get a proper release at all.

KriArj film is already in a war with Abhishek Kapoor regarding the film Kedarnath. KriArj had moved to the High Court to reinforce its rights on Kedarnath after Kapoor claimed lack of transparency in financial dealings. The latest update is that Abhishek Kapoor will be paying off KriArj the money it had invested and produce the film on his own.

Edited by TheRager - 7 years ago
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Posted: 7 years ago
#16

Originally posted by: here4reviews


They are not new to the industry. Prerna's father Virender Arora has apparently been a successful producer before. There are many articles dating back to 2015 about him and Prerna's business partner Arjun N kapoor producing one film after another,one of them being a Kamal hassan-Saif starrer but none of them have released till now. Something is really wrong with them. Apart from Rustom and Toilet, they started announcing one film after another after demonetization; all of a sudden, out of the blue, we see a new producer like Prerna making films with Akshay,Shahid,Aish and Anushka, them posting sponsored articles on sites like Film Companion about how they are making cluttter breaking content,etc...everything sounds so fishy! Where did they get all that money? How did they find all these contacts? Why are all their upcoming movies in troubel? No one knows but it will be intersting to see how they solve the issues.

And all such production houses who do not pay their crew and delay payments should face such siatuations!

Also this came out today-




Look at the article I posted. The modus operandi seems to be a Ponzi scheme right now. They got into trouble when everyone started asking for their money at the same time.
Overall their initial source of funds which was used to fund TEPK and Rustom was fishy. Either it was black money from several people or funded by BJP/BJP sympathizers as they made propaganda films. Now they have realized that propaganda films didnt help when needed plus BW has fallen in line to make propaganda films without BJP having to spend money. Also the next one year we have several elections so money cant be spent on films. So they have run out of their initial source of money and now running a Ponzi scheme. Anyone else would have done a quiet retreat or stuck to doing limited films as they have less funds. But Prerna I think got glamour struck and wanted to stay in the limelight. Hence she agreed to pay people who have connections but no BO clout like Shahid, Ash, John, Anushka whatever they demanded and thought she could get away with it.
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Posted: 7 years ago
#17
No surprise there. KriArj's bubble was bound to burst sooner or later. They were definitely extremely shady.

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