MUMBAI: Subhash Chandra's Zee Telefilms Ltd. has accused T-Series promoter and Super Cassettes Industries Limited (SCIL) CMD Bhushan Kumar of non-payment of dues and forging of agreement papers. Accordingly, the company has registered an FIR with Mumbai’s Economic Offence Wing (EOW) against Kumar for cheating and forgery.
According to Zee Telefilms lawyer Ramesh Pandey, the basis of the case with the EOW are two letters drafted by Bhusan Kumar, one on 15 September and the other on 15 May, in which he claims that an amount of Rs 57.3 million was to be paid to SCIL by ETC Channel Network Ltd., on the basis of alleged agreement/Letter dated 15 May 2006.
However, there is no such agreement/Letter dated 15 May 2006 on the records of ETC Channel Limited, and therefore ETC Channel Network has exercised its legal right & filed a complaint before the EOW for commission of an act of forgery, cheating and criminal conspiracy against Kumar. Pursuant to the same an FIR has been registered at Oshiwara Police Station against Bhusan Kumar and others of SCIL for commission of offence as mentioned above, Pandey adds.
T-Series lawyers have been quoted in a Financial Express report as saying that, “The letters are not forged and if at all there was a case in the matter, its civil in nature." The company also claimed that the two officials who had signed the agreement on behalf of ETC have been removed.