Prasar Bharati is likely to initiate
legal proceedings against defaulting production houses,
which owe it dues amounting to nearly Rs 1450 million.
Prasar Bharati CEO K S Sarma said on Wednesday
that the defaulters, who have so far been issued show cause
notices in vain, could have winding up proceedings initiated
against them, which would be followed by litigation. Production
houses which may opt for the arbitration route after that
will have to contend with a strict Prasar Bharati, Sarma
Film Development Corporation (NFDC) leads the defaulters
list, with dues of Rs 480 million. The corporation however,
recently paid up Rs 200 million of its pending dues and
interest thereon. Among the 45 to 50 defaulters, 10 defaulting
production houses owe the pubcaster dues of more than Rs
50 million. Among the prominent names in the list are Dheeraj
Kumar's Creative Eye and Sanjay Khan's Numero Uno Productions.
Several others, like Ramanand Sagar, have offered software
in lieu of payment, but Sarma says software potential evaluation
is difficult in monetary terms. After waiting for nearly
four years, the pubcaster has now decided to go the legal
way, although Sarma says he would like to maintain amicable
relations with the production houses as several of them
have created valuable software for DD in the past.
Henceforth, all the defaulters would be dealt with by DD
on an advance payment basis. The production houses would
have to issue post dated cheques to DD and bank guarantees
to ensure that they do not default on payment, he said.
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