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  • When Amitabh Bachchan had crores of debt, legal cases against him

When Amitabh Bachchan had crores of debt, legal cases against him

Amitabh Bachchan in an old interview opened up how he struggled through the dark times of his life financially, read on. 

2 Min read
Team Asianet Newsable
Published : Jan 20 2021, 10:49 AM IST
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<p>Amitabh Bachchan is one of the most successful and established actors in the film industry. He started from zero and slowly made his name high in the film industry. But it was not always the same, the actor once suffered from huge debt and many legal cases.&nbsp;<br />&nbsp;</p>

<p>Amitabh Bachchan is one of the most successful and established actors in the film industry. He started from zero and slowly made his name high in the film industry. But it was not always the same, the actor once suffered from huge debt and many legal cases.&nbsp;<br />&nbsp;</p>

Amitabh Bachchan is one of the most successful and established actors in the film industry. He started from zero and slowly made his name high in the film industry. But it was not always the same, the actor once suffered from huge debt and many legal cases. 
 

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27
<p>In the year 1996, after doing good films he decided to set up Amitabh Bachchan Corporate Ltd (ABCL) to try his hands in production.&nbsp;<br />&nbsp;</p>

<p>In the year 1996, after doing good films he decided to set up Amitabh Bachchan Corporate Ltd (ABCL) to try his hands in production.&nbsp;<br />&nbsp;</p>

In the year 1996, after doing good films he decided to set up Amitabh Bachchan Corporate Ltd (ABCL) to try his hands in production. 
 

37
<p>But his dream project could not surface successfully and the company went under a huge loss and debt.<br />&nbsp;</p><p>&nbsp;</p>

<p>But his dream project could not surface successfully and the company went under a huge loss and debt.<br />&nbsp;</p><p>&nbsp;</p>

But his dream project could not surface successfully and the company went under a huge loss and debt.
 

 

47
<p>In 1999, Big B had, in fact, mortgaged his bungalow to raise funds for ABCL after he was legally restrained to sell the bungalow by Bombay court.&nbsp;<br />&nbsp;</p>

<p>In 1999, Big B had, in fact, mortgaged his bungalow to raise funds for ABCL after he was legally restrained to sell the bungalow by Bombay court.&nbsp;<br />&nbsp;</p>

In 1999, Big B had, in fact, mortgaged his bungalow to raise funds for ABCL after he was legally restrained to sell the bungalow by Bombay court. 
 

57
<p>It was Yash Chopra's hit film Mohabbatein that truly helped him stand back on his feet.&nbsp;<br />He also won his third Filmfare Award for Best Supporting Actor.<br />&nbsp;</p>

<p>It was Yash Chopra's hit film Mohabbatein that truly helped him stand back on his feet.&nbsp;<br />He also won his third Filmfare Award for Best Supporting Actor.<br />&nbsp;</p>

It was Yash Chopra's hit film Mohabbatein that truly helped him stand back on his feet. 
He also won his third Filmfare Award for Best Supporting Actor.
 

67
<p style="text-align: justify;">In an interview with Vir Sanghvi the actor openly spoke about those dark days, "There were about 90 crores to be paid and about 55 legal cases. There were creditors on the door every day and it was very embarrassing and humiliating for many many days."</p>

<p style="text-align: justify;">In an interview with Vir Sanghvi the actor openly spoke about those dark days, "There were about 90 crores to be paid and about 55 legal cases. There were creditors on the door every day and it was very embarrassing and humiliating for many many days."</p>

In an interview with Vir Sanghvi the actor openly spoke about those dark days, "There were about 90 crores to be paid and about 55 legal cases. There were creditors on the door every day and it was very embarrassing and humiliating for many many days."

77
<p style="text-align: justify;">"People who once wanted to support me and Jaya and wanted to work with us became very rude, hostile, and humiliating towards us, " he concluded.</p><p>&nbsp;</p>

<p style="text-align: justify;">"People who once wanted to support me and Jaya and wanted to work with us became very rude, hostile, and humiliating towards us, " he concluded.</p><p>&nbsp;</p>

"People who once wanted to support me and Jaya and wanted to work with us became very rude, hostile, and humiliating towards us, " he concluded.

 

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About the Author

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Team Asianet Newsable
Team Asianet Newsable is the official profile used for publishing syndicated news agency stories on Asianet Newsable. This profile ensures accurate, credible, and timely reporting of national and international news across various categories, including politics, sports, entertainment, lifestyle, and more. Team Asianet Newsable curates and adapts wire service content to suit the platform’s diverse, multilingual audience, maintaining journalistic integrity and delivering fact-based news.
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