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Wednesday, April 16, 2014

Florida-based travel agent sues IIFA for 7 million dollars

A Florida-based travel company owner has sued IIFA organisers for breach of trust

A Florida-based travel company owner has sued IIFA organisers for for 7 million dollars alleging breach of trust.

Company owner Akarsh Kolaprath has filed a lawsuit against Wizcraft, the organisers of the 15th International Indian Film Academy Awards after the company decided to do their own bookings and arrangements.

Kolaprath claims that about three years ago, Andre Timmins and Viraf Sarkari of Wizcraft finalised a deal through his family company, 7M tours, according to which he was supposed to co-ordinate finances and make arrangements for the event in the US.

Wizcraft reportedly promised him 3 percent of the entire profit to Kolaprath, for his services.

However, the event organisers have apparently decided to make arrangement on their own.

Kolaprath who claims, spent around 2,65,000 US dollars on the arrangements, has sued Wizcraft for 7 million dollars, aborting the deal midway.


Kolaprath in his claims, also mentions a loss of more than 400,000 US dollars in hotel cancellation fees and wants stay on the event till the matter is settled.

Talking to a leading tabloid, Kolaprath said, "This has affected us very badly; we have been working on the whole thing. I was the one who introduced them (Wizcraft) to the sponsors.

But suddenly after we had done all the arrangements, we got to know that they were dealing directly with the sponsors and wanted me out of the picture. Their intention is not right."

However, an official statement on behalf of Wizcraft and IIFA claims, 'The claims made by Akarsh/7M tours are false and frivolous. It is a concocted story lacking any substance. Since the matter is sub judice, we shall respond to these claims appropriately before the court.'

Copyright : indiatoday.intoday.in



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