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Art Director Nitin Desai Owed Rs 252 Crore In Defaulted Loans

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Renowned art director Nitin Chandrakant Desai was discovered dead at his studio in Maharashtra’s Raigad district.

Alongside his illustrious career, Desai faced financial struggles, including a default on a ₹252-crore loan, leading to an insolvency petition being filed against his company.

The news of his demise has sent shockwaves through the industry, leaving many to reflect on the challenges faced by artists in the demanding world of cinema.

Nitin Desai’s name was synonymous with visual grandeour in Bollywood, having contributed his talent to iconic films like Lagaan and Jodhaa Akbar.

However, behind the scenes, his company, ND’s Art World Pvt Ltd, was grappling with financial woes, which escalated when they borrowed ₹185 crore from ECL Finance in 2016 and 2018.

Troubles with loan repayments began to surface in early 2020, marking the start of a challenging journey for Desai and his company.

BJP GEN SECRETARY VINOD TAWADE SAID THIS ABOUT HIM

In a conversation with a reputed news portal, a close friend of the late art director, BJP General Secretary Vinod Tawde, recalled having counselled Desai during his tough times. He cited examples of other renowned figures, like Amitabh Bachchan, who bounced back from adversity, encouraging Desai to look at the future with hope. However, the tragic news of Desai’s passing has left many in shock and grief.

NITIN DESAI’S FINANCIAL PRESSURE

ND’s Art World Pvt Ltd specialized in organizing, maintaining, and operating replicas of historical monuments, offering facilities and services related to hotels, theme restaurants, shopping malls, and recreation centres. Despite the company’s unique offerings, it faced mounting financial pressure.

The situation took a legal turn when Edelweiss Asset Reconstruction Company filed a petition with the Mumbai bench of the National Company Law Tribunal (NCLT) to initiate a corporate insolvency resolution process. On July 25, the NCLT admitted the petition and appointed Jitender Kothari as the interim resolution professional to oversee the process.

According to the NCLT’s order, the company’s account had been classified as a non-performing asset (NPA) by creditors on March 31, 2021. The total default amount reached a staggering ₹252.48 crore as of June 30, 2022. In response, Desai’s company attributed the financial distress to a fire incident at the studio on May 7, 2021, resulting in property loss, and criticized creditors for issuing a recovery notice on the same day.

Entertainment

Shah Rukh Khan Feels ‘Breathless’ After Quitting Smoking: Know 3 Major Reasons Behind This Withdrawal Symptom

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Shah Rukh Khan Feels 'Breathless' After Quitting Smoking: Know 3 Major Reasons Behind This Withdrawal Symptom

Referred to as Bollywood’s Badshaah, Shah Rukh Khan turned 59 on November 2 this year. The actor’s smoking habits are not unknown since SRK himself once revealed smoking up to 100 cigarettes in a day. While interacting with his fans during a meet and greet on his birthday, he revealed that he has finally quit smoking for better health.

In a video that is going viral on social media, SRK is seen sharing his latest lifestyle update, where he shared that he has quit smoking. He also shared how he thought quitting smoking might not make him feel breathless, but it does. “Mujhe laga tha ki I will not feel so breathless, but abhi bhi feel kar raha hu (I thought I wouldn’t feel breathless after quitting smoking, but I still do),” SRK said.

Reasons why one feels breathless after they quit smoking

If you have been a smoker for many years of your life, quitting it will have a few natural reactions on your body. Your body will take some time to get accustomed to getting rid of a habit. Once a person quits smoking, their body automatically enters the self-repair phase, which is why one might feel breathless. It is just an effect of the healing process.

After quitting, your lungs start to repair themselves, which includes increased mucus production to clear out tar and toxins. This excess mucus can make you feel congested and short of breath. Although there are many effects seen in the body after one decides to quit smoking, here are three main reasons why breathlessness occurs.

Nicotine withdrawal

Nicotine withdrawal can cause anxiety, restlessness, and a heightened awareness of breathing, sometimes leading to a feeling of breathlessness, even if your lungs are actually improving. Nicotine affects dopamine levels in the brain, which play a big role in mood regulation. When you stop smoking, dopamine levels drop, making you feel irritable, frustrated, or anxious.

Breathing pattern changes

Some people change their breathing patterns without realising it. People who have smoked for a long time might begin shallow breathing and become more aware of their breathing, which might lead to making them feel breathless. Breathing patterns might vary when someone stops smoking because of changes in both physical and psychological factors. Over time, smoking changes a person’s breathing patterns, so it takes time for their body and mind to adapt.

Feeling anxious might lead to shortness of breath

Anxiety and shortness of breath often go hand in hand, especially after quitting smoking. Anxiety often leads to shallow, rapid breathing (chest breathing), which can cause an imbalance of oxygen and carbon dioxide in the body, leading to lightheadedness and a feeling of shortness of breath.

Quitting smoking can be a difficult journey, but it can be the best decision you take for your health. Breathing exercises and physical activities can help with battling the withdrawal symptoms.

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Entertainment

Naga Chaitanya & Sobhita Dhulipala Kickstart Wedding Festivities; Actress Looks Breathtaking In Pasupu Danchadam Ceremony

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Naga Chaitanya & Sobhita Dhulipala Kickstart Wedding Festivities; Actress Looks Breathtaking In Pasupu Danchadam Ceremony

Actors Naga Chaitanya and Sobhita Dhulipala are set to tie the knot soon, and they have officially kickstarted their wedding festivities. The couple got engaged on August 8 in Hyderabad after dating for over two years, and they are now ready to take the plunge.

On Monday, Sobhita took her fans by surprise as she shared photos from her traditional Pasupu Danchadam ceremony. The ritual marks the onset of wedding festivities, and during it, married women in the family come together and grind turmeric in a mortar as it is considered auspicious

Sobhita looked gorgeous as a Telugu bride in a traditional orange saree with green and golden border. She completed her look with minimalistic gold jewellery and green bangles. She was seen participating in the ritual and sharing a hearty laugh with the female members of her family.

She also sought blessings from the Lord and the elders by touching their feet. “Godhuma Raayi Pasupu danchatam…And so it begins!” Sobhita wrote along with the photos.

While the exact wedding date of the couple is not known yet, reports stated a few days ago that the two have booked a palatial hotel in Rajasthan for the D-day.

Chaitanya and Sobhita got engaged in a hush-hush ceremony on August 8 this year in Hyderabad, in the presence of their family members. Post the engagement, Chaitanya’s father, Nagarjuna, had shared, “Only the immediate family was there… Sobhita’s parents and sister. Chay’s mother was there, of course. My wife, Amala, was there. That’s it. We chose this day because it is very auspicious. Both families consulted the Nakshatras, and when we were told August 8 was a very auspicious day, we decided to go ahead with it.”

Chaitanya was earlier married to actress Samantha Ruth Prabhu, however, they announced their divorce in 2021 after four years of marriage. It was in 2022 that rumours of Chaitanya dating Sobhita first surfaced online

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Bollywood

Urfi javed Seeks Blessings At Golden Temple After Mumbai Police Files FIR Against Her (PHOTOS)

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Actress and former Bigg Boss OTT contestant Urfi Javed visited Golden Temple in Amritsar to seek blessings. On Wednesday (November 8), the fashionista shared several pictures and a video to give a glimpse of her visit. Urfi was accompanied by her sister Dolly Javed.

In the visuals, Urfi is seen wearing a pink ethnic suit. She covered her head with a dupatta. One of the photos shows her posing with folded hands in front of the temple. She also shared a picture of kada prasad.

Uorfi’s sister Dolly wore an off-white outfit. They were all smiles as they posed for the camera. “Waheguru,” Uorfi captioned her post. Take a look:

FIR against Uorfi Javed

On November 3, the Mumbai Police issued a strongly worded post on X (formerly Twitter) reacting to Uorfi’s fake arrest video that went viral on social media. The police also registered a criminal case against those involved in the video. It also said that the fake police inspector from the video has been arrested.

“One Can’t Violate Law Of The Land, For Cheap Publicity! A viral video of a woman being allegedly arrested by Mumbai Police, in a case of obscenity is not true – insignia & uniform has been misused. However, a criminal case has been registered against those involved in the misleading video, at Oshiwara Pstn under sections 171, 419, 500, 34 IPC,” the post read. It further read, “While further investigation is on, the fake inspector is under arrest & the vehicle has been seized too. #RealityCheck”The FIR was filed after a video of Uorfi went viral in which in which she was being arrested by two women dressed as police officers. She was seen taken into a vehicle by the women. The video sparked concerns over Uorfi’s arrest. However, the actress later revealed that it was a promotional stunt.

Earlier too, several complaints and FIRs have been lodged against the actress for her choice of clothes and for “obscene acts in public and on social media”.

However, Uorfi remains unfazed by the hate and she has time and again stated that she will continue dressing up as she likes and that she will not be bogged down by trolls.

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