Abhishek Kapoor’s production has decided to part ways with Kriarj Entertainment on Abhishek’s next directorial Kedarnath.
While the two houses had collaborated on the much ambitious project of Abhishek Kapoor, the latter no more is a part of the film.
When probed, sources close to the director have revealed that due to default of payments and lack of transparency, Abhishek’s production has decided to close the fairly new association.
Defaults include the default in payment, bouncing of cheque and bouncing of NEFT; as importantly, also lack of transparency in their dealings.
GITS did not decide to make the contents of termination public.
However, KriArj is spreading false & mischievous rumours, playing name-slandering games and wilfully harming the interests of the film.
The purported allegations of KriArj are frivolous and have no basis.
GITS states that KriArj’s actions are clearly an afterthought; and have been made only after the agreement was terminated by GITS on account of default committed by KriArj.
KriArj has no right of lien or NOC as claimed by them.