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SIAA is now broke up with SPI cinemas
Updated on : 09 February 2016
By this South Indian Artistes Association well known as Nadigar sangam arranged a press meet on monday announced that the land lease deal was the main problem between spi cinemas and association.
Also in their staement they announced its previous office bearers had entered into with SPI cinemas relationship has been totally cancelled. Also stated that this day was a important one remembering that they had made a new decision to build a new Nadigar sangam thereby they bonded with a contrat for it.
Also association member filed a case stating : South Indian Artistes Association consists of totally 9 decision making members but in this contarct there are only 2 peoples invloved for signing up this contract.
In this particular meeting they established their total concerns saying that they have raised up lots and lots of complaint about it but no action was taken yet and though they have decided to stand over the election in pandavas team and we have got a victory too.
Reavealing this words to the press peoples mediapersons, the present head of the Nadigar sangam officials informed that they all fed with lots of discussion before arranging this press meet.
several meetings with the representatives of SPI cinemas also held eventually about this, Finally with all these efforts we could not convice them and so we had taken a deal that all facts between both Nadigar sangam and spi cinemas has been cancelled.
Afeter documenting all this process it was agreed that the Nadigar Sangam is ready to return in the amount of Two crore and 48 lakh to SPI cinemas towards the amount it had spent on the agreement (Rs 48 lakh) the registration (Rs 1 crore and 41 lakh) and the monthly expenses it had paid to the Nadigar Sangam (around Rs 60 lakh).
Also Nadigar some got huge sum of rejection about this accepteance of returning money from actors like sv sekar, kumari muthu , Anand raj and mansoor alikhan .
Also in their statement stated sincere thanks to Nadigar sangam official Mr.Isari Ganesh for being funde the amount of 2 crores as soon as possible in a very shoet period.
In this press meet they also said sincere thanks to A.Kaja Maideen, R.M. sundaram
On the occasion, the office-bearers thanked all those had helped them cancel the deal and reclaim the land.
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