Are Lootera, Singham Returns, and other Bollywood films in danger? A leading bank files a public notice against a production house.
 

 
lootera

To caution the public about dealing with Phantom films, a leading big bank issued a public disclaimer on the creators of numerous films, including top films like Lootera, Singham Returns, and many more. The bank claims that certain securities were established in its favour in relation to these films, and Phantom Films has also hypothecated its intellectual property rights against a working capital credit facility obtained by them.

 

According to sources, this warning only applies to Eclatant Films not Phantom Films directly. According to a source this warning solely applies to Eclatant Films Pvt Ltd. They have their own board of directors, which is unrelated to Phantom Films' present owners, Madhu Mantena and Sheetal Talwar. Phantom's operations are now self-sufficient since it was revived by Mantena and Talwar.

 

According to earlier sources about reviving Phantom Films, Madhu Mantena stated, "After exiting Phantom Films by selling our shares to Reliance Entertainment, Sheetal and I had an emotional desire to reclaim the Phantom brand, Phantom films, and some of our favourite assets.. In 2.0, we wish to see the Phantom brand evolve from a production firm to a talent-first Studio that empowers both directors and producers equally."

 

Ajay Devgn and Rohit Shetty are ready to extend the cop universe over a decade after the release of Singham Returns. It was recently revealed that the director-actor duo would reunite for the third part of the action-comedy Singham Again.

 

According to a source, a spanner has therefore been thrown in the spokes of Singham Again. " Because this notification also applies to the following components, Singham in general." Aage aage dekhen hota hai, right?