New Delhi, Nov. 8 -- Film-funding disputes are becoming more common, given that Indian movies are routinely financed against projected income from satellite, digital and overseas rights, which are contingent on box-office performance and no longer command high valuations.

Recently, the National Company Law Tribunal in Mumbai admitted Reliance Entertainment Studios Pvt Ltd into corporate insolvency resolution over an alleged default of Rs.11.94 crore linked to the release of Ajay Devgn's Auron Mein Kahan Dum Tha.

Pen India had advanced Rs.20 crore to Reliance under a security deposit agreement which Reliance Entertainment argued did not constitute a money-lending arrangement. The company also contended that its liability had been extingu...