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Kingdom of Dreams
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The Great Indian Nautanki Company and how it took three top banks on a Rs 150 crore ride
In May 2021, the National Company Law Tribunal had admitted a plea by IDBI Bank to invoke proceedings under the insolvency and bankruptcy laws against Wizcraft International Entertainment Pvt. Ltd. for failure to pay up around Rs 60 crore, which the original loan borrower, GINCPL has defaulted on.
www.businessinsider.in
Gurugram's Kingdom of Dreams sealed over non-payment of dues
The Haryana Shehri Vikas Pradhikaran (HSVP) has sealed Gurgram's entertainment centre, Kingdom of Dreams, due to the non-deposit of dues of approximately Rs 100 crore.
