Nitin Desai family filed case against ECL finance

Nitin Desai family filed case against ECL finance

Five people, including representatives of Edelweiss Group and subsidiary firm ECL Finance, were charged by Raigad police in Maharashtra on Friday for allegedly aiding in the death of art director Nitin Desai. According to a police officer, a First Information Report (FIR) was made at the Khalapur police station based on a complaint made by Desai’s wife, Neha Desai, under the Indian Penal Code sections 306 (abetment of suicide) and 34 (common purpose). In the lawsuit, it was claimed that her husband had endured ongoing psychological abuse because of the debts his business had taken, which contributed to his decision to kill himself. Desai, who was well-known for his work on well-liked Bollywood movies like “Lagaan” and “Jodha Akbar,” allegedly hung himself on Wednesday at his studio in Karjat, Raigad district. His firm was in arrears on a loan repayment to creditors of Rs 252 crore, and the Mumbai bench of the National firm Law Tribunal had already begun bankruptcy proceedings against it. Desai’s business, ND’s Art World Pvt Ltd, took two loans totaling Rs 185 crore from ECL Finance in 2016 and 2018, and repayment issues began in January 2020. The lender was ECL lending, a non-banking lending division of the Edelweiss Group. The National Award-winning art director’s last rites were performed in front of family members and coworkers on Friday at his Karjat studio. The 57-year-old was discovered dead on the grounds of his studio on Wednesday morning in Karjat, Raigad district.

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Nitin Desai, found dead in studio

Nitin Desai, found dead in studio

Renowned art director Nitin Chandrakant Desai has passed away at the age of 57. The police are currently investigating the circumstances surrounding his untimely demise, and further information about the cause of death is yet to be disclosed. While initial reports hint at a possible suicide, official confirmation is awaited as more details are expected to be shared by the authorities. On the morning of August 2, his dead corpse was found at his N D Studio in Karjat. Sets for Slumdog Millionaire and Kaun Banega Crorepati were also constructed by the four-time National Award winner for art direction. He worked on some of the most well-known Bollywood films, including Lagaan, Jodha Akbar, Munnabhai M.B.B.S., and Lage Raho Munna Bhai. Bollywood has begun to respond. Bollywood celebrities have been responding to the incident as initial reports indicate that it may have been a suicide. In addition, he won the Filmfare Best Art Direction Award for 1942: A Love Story (1995), the IFA Best Art Direction Award for Jodha Akbar (2009), and the Filmfare Best Art Direction Award for Khamoshi (1997). Desai also built two sets for Slumdog Millionaire, a 2008 film directed by Danny Boyle that featured the Kaun Banega Crorepati set. The renowned art director won the Best Art Direction prize at the Maharashtra State Film Awards for Harishchandrachi Factory (2009) a year later. “I am heartbroken and sad beyond control to learn about my dearest friend Nitin Desai’s death. A legendary Production designer, a visionary who made ND Studio… Nitin not only loved Pallavi and I, he always guided me even in films we didn’t do together. Why Nitin, why?” wrote filmmaker Vivek Ranjan Agnihotri. we the members of timesnews24 have console with their family, and we hope his soul rest in peace “om shanti”

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