ED grills T-Series owner Bhushan Kumar for over 9 hours in royalty evasion case : India, News
After questioning T-series Chairman and MD Bhushan Kumar for over 9 and half hours in a case pertaining to royalty dues, the ED has summoned the music baron once more on Sunday.
ED raided places of work of a number of music corporations together with T-series, Yashraj, Sony, Saregama and Common Music following FIRs filed by artists underneath Copyright Act and over non-payment of royalties.
The raids had been carried out in Mumbai, Delhi, Noida and Kolkata places of work.
Some artists have registered FIRs in opposition to numerous music corporations and erstwhile societies registered underneath the Copyright Act i.e. Phonographic Efficiency Restricted (PPL) and Indian performing proper society (IPRS).
The complainants say that regardless of modification in Part 18 and 19 of Copyright Act- they haven’t obtained equal share of royalty collected by music corporations.
Based mostly on their complaints, ED has initiated an investigation underneath the Prevention of Cash Laundering Act (PMLA).
WHAT DID ED FIND?
In line with studies, ED summoned Bhushan Kumar first as a result of they discovered a number of incriminating paperwork in opposition to T-series.