Mukta Arts all set to appeal to the Supreme Court against the Mumbai High Court order

Founded and chaired by Subhash Ghai, Mukta Arts Limited has confirmed that they will be filing an appeal in the Supreme Court against the High Court's order on the joint venture between Mukta Arts and Filmcity Mumbai, which led to the formation of Whistling Woods International

In 2000, Whistling Woods International ' Institute for Film Communication Animation and Media Arts, Mumbai was established through a joint venture between Mukta Arts Limited and Filmcity Mumbai, under which Filmcity was supposed to bring in 20 acres of land as its share of the equity and Mukta Arts was to bring in cash resources towards setup of a Film & Media Institute.

Whistling Woods commenced operations in 2006 and over the past 6 years has built its brand as one of the best film schools in India, and has even been listed as one of the ten best film schools in the world by The Hollywood Reporter.

The court has stayed its order for a period of 8 weeks. The order requires WWI to surrender 14.5 acres currently not in use while continuing operations for two more years. Mukta Arts is aggrieved by the order and is confident that it will get due justice in the Supreme court as Mukta Arts was not responsible for any procedural lapses and Mukta Arts has delivered more than its promise under the Agreement.

Mukta Arts would respond with a detailed release after receiving the copy of the judgment.

Media
@adgully

News in the domain of Advertising, Marketing, Media and Business of Entertainment

More in Media