Producer Prerna Arora acquitted by Bombay High Court in 2018 case
Prerna Arora, known for her work in Rustom, has been acquitted by the Bombay High Court in a financial dispute case dating back 2018. As per a TOI report, the court, in its resolution of a longstanding financial dispute with Pooja Films, has mandated Prerna to pay a fine of three lakh rupees within a specified timeframe.
Prerna's arrest in December 2018 was related to an alleged misappropriation of Rs 31.6 crore funds for the film Padman, involving Pooja Films and its head Vashu Bhagnani.
Reports indicated her inability to repay investors due to losses incurred by her firm. Authorities previously revealed that the funds were spent on maintaining a luxurious lifestyle.
In his complaint, Nagesh Vaidikar, production manager at Pooja Films, alleged that Prerna Arora had sought financial assistance from Pooja Films and Vashu Bhagnani for Padman, promising them the first claim on its post-release revenue.
However, it was alleged that she had already granted the rights to another organization. Subsequently, Prerna failed to return the funds to Bhagnani.
Relieved by the court's decision, Prerna Arora said, «Throughout this challenging ordeal, I maintained my faith in the system's ability to set an example for innocent individuals facing adversity.»
