Mumbai: Director of evergreen film Sholay and a winner of Padma Shri in 2013, Ramesh Shippy has now been faced a big trouble. A complain has been filed against Ramesh Sippy and his production house R S Entertainment, for misappropriation of Rs 7.5 crore at the Economic Offence Wing (EOW) of Mumbai Police, who are ready with summons in hand. Moreover, a petition has also been admitted against him in the Bombay High Court.
The investor, Bombay Mania entertainment, a production house said through its counsel Sujay Kantawalla in the Bombay high court that it had invested the amount in Sippy’s two films–Sonali Cable which had flopped and an under production film called Shimla Mirchi.
The company filed an arbitration petition in the HC. Kantawalla said Sippy has now furnished any copies of contracts with its film stars, cast, crew or publicity about the expenses as is required and had allegedly taken “advantage of his friendship with Kamia Malhotra, shareholder of the firm who co-runs the firm with an industrialist.”
Sippy’s lawyers Naik&Naik sought time to file his reply. Justice R P Sondur Baldota then posted the matter to January 5.