# Is Bank ARC' s Responsible For Mr. Nitin Desai Suicide .... Govt Must Take Action Against It .. скачать в хорошем качестве

# Is Bank ARC' s Responsible For Mr. Nitin Desai Suicide .... Govt Must Take Action Against It ..

#nitindesaisuicide A Rs 180-crore loan drove art director Nitin Desai to suicide. Hindi cinema’s renowned art director Nitin Desai, who designed the sets of films like Lagaan, Devdas, Hum Dil De Chuke Sanam, died by suicide in his studio in Khalapur, Raigarh near Karjat, Maharashtra on August 2. As per reports, Desai was under a lot of stress due to financial issues. Mahesh Baldi, an independent MLA from Uran area in which Desai’s studio is located, said that Desai was facing a financial crunch as his studio wasn’t functioning and there were no shoots happening. Mahesh told PTI, “He was in deep financial trouble. I met him two or three months ago where he spoke about his financial problems. He said that the ND Studio wasn’t functioning and shoots were not happening. The financial crisis was the reason that he took this step.” What were the financial issues? Nitin Desai had defaulted on a loan of Rs 180 crore and a bankruptcy court had admitted an insolvency petition against his company last week. Desai's company ND Art World Pvt Ltd borrowed Rs 180 crore through two loans from ECL Finance in 2016 and 2018. Troubles with repayment began in January 2020 and since then, Desai had been facing financial woes. According to police, an audio clip has been recovered from Desai's mobile phone which mentions 4 people. The phone has been sent for forensic examination and the data will be recovered from his phone. It has also emerged that the company from where Desai took the loan had taken the legal route to confiscate Desai's property. In this connection, a letter was also written to the Raigarh Collector to take over part of Desai's ND Property in Karjat. Nitin Desai won four National Film Awards as an art director. Photo: Instagram/ Nitin Chandrakant Desai Further investigation into the case is on. Film fraternity shocked Many film celebrities who have worked with Desai expressed their shock over his demise. Akshay Kumar took to Twitter to pay his last respects to Desai. The actor even postponed the release of the trailer of his next movie, OMG 2. “Unbelievably sad to know about the demise of Nitin Desai. He was a stalwart in production design and such a big part of our cinema fraternity. He worked on so many of my films... this is a huge loss. Out of respect, we are not releasing the OMG 2 trailer today. Will launch it tomorrow at 11 am. Om Shanti.”  Apart from Akshay Kumar, several other celebs also paid their condolences.