Rumours started spreading that Kavithaalaya Productions and the residence of a renowned filmmaker and producer are going to be auctioned by a public sector bank owing to the dues that are pending after the death of the veteran.
However, these rumours are denied by the production house in the latest press release. There are many admirers of ace filmmaker K Balachander who also bankrolled many super hit films including Rajinikanth’s and Kamal Haasan’s movies under his production house Kavithaalaya Productions.
The production house hasn’t produced any films after the demise of the veteran in 2014. The above said public sector bank issued a notice of auction in accordance with their procedures while the negotiations regarding the outstanding debt were still going on between the bank and the production house. Meanwhile, these rumours surfaced causing the damage to the reputation of the production house.Don't MissVijay Deverakonda Is Ahead Allu Arjun in the USThe pre-release for 'Geetha Govindam' has been very decent and going by...Don't MissWatch: Savyasachi Girl's Hot Flash!Nidhhi Agerwal has literally made people lose their minds with her clip...Don't MissGeetha Govindam's Lip-Lock Scene Trimmed for Families?Right from the beginning, the makers of 'Geetha Govindam' maintained the promise...Don't MissGeetha Govindam Review - Lead Pair Make Rom-Com ShineBOTTOM LINE Lead Pair Make Rom-Com Shine OUR RATING 3/5 CENSOR 'UA'...Don't MissTFI's First Space Film Titled 'Antariksham'Mega Prince Varun Tej's Space Thriller with Ghazi fame Sankalp Reddy is...
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