Anjum Rizvi, Bollywood’s famous producer has been sentenced to a 4-month-long jail term over the case on non-payment to a company called, YT Capital. According to a report in Mumbai Mirror, Justice Gautam Patel jailed Rizvi following innumerable excuses, “lying about his assets” and making false assurances over paying dues to a company called YT Capital Pvt Ltd. Rizvi was arrested earlier this week and is currently in Arthur Road Prison.
“The respondent (Rizvi) continues to believe that he can lie to courts and constantly get away with it…” Justice Patel said in his order, calling Rizvi’s final excuse for not making the payment absurd. “Allowing him to get away with this is to undermine the authority of the courts and the rule of law. There is no doubt that he is in civil contempt because there is wilful disobedience of directions, orders and a wilful breach of the repeated undertakings given to this court. His conduct is contemptuous,” the judge observed.
“Mr Rizvi is back in court and as usual he is empty-handed
and only requests more time. He has been caught out in his falsehoods more than
once… This seems to feed into his film industry mythology that courts do
nothing, that matters only get adjourned, that a plaintiff is powerless against
a defaulting defendant, that the law is impotent. If Mr Rizvi believes this, he
is wrong. He is about to learn just how wrong he is, and he will now learn it
the hard way,” Justice Patel had said in an earlier order.
The Mumbai Mirror report further states, “In 2015 YT Capital filed a case seeking repayment of Rs 2 crore paid to Rizvi in September 2014 for the movie Katha, which never released. The agreement with Rizvi had specified that YT Capital would have rights over his previous as well as future movies until the money is paid. The HC passed an order in YT Capital’s favour for recovery of Rs 2.44 crore, including interest. But Rizvi failed to pay the money, forcing YT Capital to approach the court again. In April 2017, the HC stayed the release of Rizvi’s film, Maatr, starring actress Raveena Tandon. The court also stopped Rizvi from selling or creating any rights in negatives of seven previous films, John Day, India Metro, A Flat, Fast Forward, A Wednesday, Ahista Ahista and Charges: A Joint Effort. The stay was lifted after he immediately coughed up Rs.1.5 crores. However, money has only trickled in since then with the final pending amount being Rs 60 lakh.”
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