Prerna V Arora is at it again; her film Rosie: The Saffron Chapter is in a FINANCIAL mess; investors and co-producers in SHOCK. Read EXPLOSIVE details inside : Bollywood News – Newz9

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Prerna V Arora is at it again; her film Rosie: The Saffron Chapter is in a FINANCIAL mess; investors and co-producers in SHOCK. Read EXPLOSIVE details inside : Bollywood News – Newz9


The Akshay Kumar starrer Rustom (2016) was important for a lot of causes, one among them being that it served because the debut film of producer Prerna V Arora. She quickly adopted it up with Toilet – Ek Prem Katha (2017), Pad Man (2018) and Pari (2018). She additionally received pleasant with the media and gave innumerable interviews. This and the truth that she had a glamorous picture made her acquainted even with the aam junta, who don’t all the time know the names of the producers.

All was going nicely with Prerna V Arora and she additionally got here on board as co-producer on many different movies like Parmanu (2018), Fanney Khan (2018), Batti Gul Meter Chalu (2018) and Kedarnath (2018). However, inside a few months, she was out of all these films. Allegations ranged from lack of transparency in the studio’s monetary dealings to non-fee of dues. Things turned worse when producer Vashu Bhagnani went to court docket, claiming losses of greater than Rs. 30 crores. He alleged that he was induced to finance Pad Man and Kedarnath with the promise that he would get the rights to the film’s launch. But she allegedly signed related offers with different producers as nicely. On December 8, 2018, she was arrested and was launched in September 2019.

After practically a 12 months, she determined to start out afresh and launched two movies – Rosie: The Saffron Chapter and Iti: Can You Solve Your Own Murder. All appeared nicely and the commerce and trade believed that she had learnt her classes and that she’d not get into a mess once more. However, it is being mentioned that she has gone again to her previous methods.

Unnecessary expenditure on one hand; unpaid distributors on the opposite
A supply knowledgeable Newz9, “Rosie: The Saffron Chapter went on floors last year in December. It was supposed to be just an 18-20 day shoot. The budget was fixed at Rs. 2.50-3 crore. It should have been over in January 2021. But the shoot just got wrapped up, in August 2021. The film got stuck in between due to a financial mess. Many vendors were not paid and have not been paid as yet.”

The supply continued, “It’s clear the finances are not properly utilized and it’s not even being properly planned. The stakeholders of the film get constant shocks as the budget of certain schedules would increase by manifolds all of a sudden for no clear reason. There are accusations that money is being wasted needlessly. For a one-day recce, nearly Rs. 3 lakhs were spent.”

While cash is flowing like water for such actions, those engaged on the film are struggling over non-fee of dues. “Many vendors are yet to be paid or not paid properly. The cast and crew do get paid or else they won’t turn up on the set. Even lead actor Arbaaz Khan has been paid in parts so that he fulfils his commitment.” However, there have been cases the place the crew have gotten only one meal of the day and have been left to fend for themselves for the remainder of the day.

Newz9 had earlier reported that as per a supply, the self-importance van operator had instructed Arbaaz that he’ll not open the door of the van till his dues have been cleared! Arbaaz then left and didn’t shoot that day.

In one other important episode, employees of a film affiliation landed at an investor’s home and staged a dharna. The investor needed to pacify them and they left solely after being assured that the employees will probably be duly paid.

Vivek Oberoi exits; the curious case of producers leaving and becoming a member of the film at common intervals
Interestingly, Rosie: The Saffron Chapter was launched with Vivek Oberoi because the lead and co-producer. It additionally marks the debut of Shweta Tiwari’s daughter Palak. A supply instructed us, “Some changes were made in the script. Also, the documentation and paperwork were not in place. Vivek was not happy with these developments and hence, he decided to move out of the film.” Arbaaz then changed Vivek.

The different mysterious improvement occurring in the film is on the subject of the producers of Rosie: The Saffron Chapter. The supply continued, “With every new poster or publicity material launched of this film, the names of producers and the number of producers would also change. When the film was announced in September 2020, there were 3 presenters and 7 producers who were associated with the project. When the teaser was out in April 2021, the film had 2 presenters and 8 producers. Some of the names which were there earlier were nowhere to be seen, including Vivek Oberoi. Then, the 2 new teasers that were released on July 31, 2021, showcases 2 presenters, one of which was not involved with the film before, 1 co-producer and as many as 9 producers.”

And that’s not all. The supply revealed, “Check out the teaser released on August 10. 10 days after the July 31 teaser, a new production house has come on board. The earlier co-producer is nowhere to be seen and he’s been replaced by 4 new co-producers. At this rate, by the time the film releases, god knows how many more people would have left and joined the film’s ever-increasing list of producers.”

The supply additionally mentioned, “2 of the current 9 producers of Rosie: The Saffron Chapter were earlier line producers. Prerna V Arora and the other main producers have not cleared their bill of approximately Rs. 30-35 lakhs of vendors which had come through the line producers. She made them producers so that they don’t have to pay them.”

Unpaid dues in 5-star lodges, luxurious shops
When Prerna V Arora was in jail, an article in a day by day newspaper in March 2019 had reported that she took cash from financiers underneath the pretext of funding her movies however as an alternative splurged it on designer gadgets, a bungalow in Khandala and so forth. Even right here, she has defaulted. The supply mentioned, “Prerna Arora’s modus operandi is to give high advance payment to a particular luxury store. Then she’ll pick up items costing 2 or 3 times the advance amount. By the time the store realizes what she is upto, she has already ‘purchased’ the items and will be unavailable to clear the dues.” She hasn’t even cleared the dues of distinguished newspapers and media organizations and owes them lakhs of rupees.

Prerna V Arora earlier used to reside in a rented flat in JVLR however she has misplaced it resulting from non-fee of dues. The supply then mentioned, “Prerna V Arora now stays in five-star hotels. Even here, she fails to pay on time and has to hence change hotels frequently. Most hotel groups have had a bad experience and swear to never put her up again. She is currently residing at a five-star in Santacruz for more than a year where she is yet to clear bills amounting to a whopping approximately Rs. 20 lakhs plus.”

Friends and nicely-wishers undergo
The supply additionally acknowledged that she is making these splurges as she’s not paying for the bills from her personal pocket. The supply mentioned, “Prerna has friends and well-wishers who have always stood by her and have bailed her out on many occasions. Sadly, she’s taking advantage of it.”

The supply elaborates, “She doesn’t perceive the worth of cash as she’s not placing her personal funds.” A source from an old lender from the industry even said that they had been given other investors’ cheques without their knowledge. 

Will Iti: Can You Solve Your Own Murder’s shoot would also be riddled with financial irregularities?
Coming back to Rosie: The Saffron Chapter, 5 teasers of the film have been released and the attempt of the film’s team is to show that all is well. However, the source said, “Prerna has struggled to raise funds and finish the shoot as she went over budget. We wonder how she will manage to complete the post-production.”

It comes as a surprise that she recently announced that she’s soon starting the shoot of Iti: Can You Solve Your Own Murder in Europe from September 15. Vivek Oberoi is the lead actor as per the announcement. It remains to be seen if she manages to pull it seamlessly without any glitches as it happened in the case of Rosie: The Saffron Chapter.

Also Read: Padman producer Prernaa Arora out of jail, says she’s going to proceed to supply movies

More Pages: Rosie: The Saffron Chapter Box Office Collection

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