{
  "type": "article",
  "title": "CINTAA Fund Row Escalates as Upasana Singh Accuses Poonam Dhillon and Padmini Kolhapure of Liquidating Rs 90 Lakh FD Without Approval",
  "summary": "The internal dispute inside the Cine and TV Artistes Association worsened as Upasana Singh and Nagma accused Poonam Dhillon and Padmini Kolhapure of unfreezing accounts and shifting Rs 90 lakh.",
  "content": "Internal friction within the Cine and TV Artistes Association, widely known as CINTAA, has taken an intense turn with serious allegations concerning the management of official bank accounts and fixed deposits. Amid mounting tension following the dissolution of the earlier governing body, former office-bearer and actor Upasana Singh has directly accused fellow actors Poonam Dhillon and Padmini Kolhapure of misusing organizational reserves without legitimate authority.\n\nAllegations Over Unfreezing Accounts and Moving Rs 90 Lakh\nActor Upasana Singh, alongside actor Nagma, claimed that frozen bank accounts were reopened improperly despite the governing committee having been dissolved. They stated that roughly Rs 90 lakh deposited in CINTAA fixed deposits was broken and transferred to alternative accounts without securing required approvals from the general membership. According to Upasana Singh, standard governing protocols strictly mandate member consensus before touching institutional fixed deposits, but established norms were allegedly ignored in this instance.\n\nAccount Status Across Five Banks and Previous Freezing Directives\nDetailing the financial infrastructure of the body, Upasana Singh explained that CINTAA maintained operating accounts and fixed deposits across five distinct banking institutions. At the time the earlier executive committee was dissolved, Deepak Parashar was serving as treasurer. Letters were dispatched to each of the five banks instructing them to freeze all transactions until a court ruling resolved the governance dispute or a fresh committee took charge. Upasana alleged that despite these formal safeguards, unauthorized efforts succeeded in lifting restrictions and moving capital into other accounts.\n\nQuestions Over KYC Submission and Claims of Committee Membership\nThe accusations raised by Upasana Singh specifically target Poonam Dhillon, Padmini Kolhapure, and Paintal. She stated that these individuals visited bank branches accompanied by administrative office staff. During these branch visits, older organizational paperwork and official stamps were presented to finalize the required Know Your Customer verification. Upasana asserted that they represented themselves as active CINTAA committee representatives to get the frozen accounts reactivated, bypassing mandatory member consent.\n\nNagma Challenges Staff Salary Payments Ahead of October 26 Hearing\nActor Nagma also strongly criticized the expenditure of the association's reserve funds, questioning the justification for using broken fixed deposits to clear salaries for administrative staff. Nagma emphasized that this money belongs to the artist fraternity and should never be diverted in such an arbitrary manner. Pointing out the legal calendar, Nagma stated that the court had designated October 26 as the date to hear the matter. She argued that bypassing pending judicial proceedings, breaking locks to occupy the office premises, and withdrawing fixed deposit money before the verdict was completely unjustifiable.\n\nWhat this means for you\nThe leadership dispute over association reserves raises critical concerns regarding financial transparency and governance for film and television artists.\n\n• Member Welfare Funds: Security surrounding collective reserves created for artist welfare has been directly called into question. Regular union members must now await the legal clarity expected from the court on October 26.\n• Administrative Stability: Disputes over banking authorization and committee validity threaten the smooth handling of routine union operations. Internal ambiguity will likely persist until a recognized body is officially validated.\n• Staff Compensation Scrutiny: Liquidating long term fixed deposits to service office salaries depletes emergency reserve funds. Continued spending under unverified authority risks weakening the financial durability of the association.\n• Institutional Credibility: Public feuding among veteran actors undermines confidence in the union's internal dispute resolution mechanisms. This development is expected to trigger calls from members for stricter auditing standards across all active accounts.\n\nWhy this happened\nThe confrontation stems from a leadership vacuum and conflicting claims over financial authority following the dissolution of the association's committee.\n\n• Dissolution of Governing Body: When the executive committee was dissolved, directives were issued to freeze institutional bank accounts. The absence of a newly elected committee left routine administrative decisions in legal limbo.\n• Disputed Fund Access: Accounts spread across five banks were reportedly reactivated using older documentation despite prior freezing instructions sent by former treasurer Deepak Parashar. Diverting broken fixed deposit capital to pay staff salaries triggered fierce pushback from opposing members.\n• Premature Action Ahead of Court Date: Judicial authorities had fixed October 26 to examine the organizational impasse. Initiating physical entry into the office and resuming banking operations before the hearing sharply escalated tensions.\n\nQuestions & Answers\n\n1. Who has Upasana Singh accused of misusing CINTAA funds?\nUpasana Singh has named Poonam Dhillon, Padmini Kolhapure, and Paintal, alleging they unauthorizedly reopened accounts and spent association money.\n\n2. How much money was allegedly liquidated from CINTAA fixed deposits?\nIt is alleged that around Rs 90 lakh from fixed deposits was broken and shifted after reactivating restricted bank accounts.\n\n3. Why were CINTAA bank accounts originally frozen?\nAccounts across five banks were directed to be frozen following the dissolution of the committee until a court verdict or the formation of a new body.\n\n4. What objection did actor Nagma raise regarding staff salaries?\nNagma objected that breaking artists' fixed deposit savings to pay office staff salaries is inappropriate and unacceptable.\n\n5. What date has been scheduled by the court for hearing this dispute?\nThe court has fixed October 26 as the date to address the dispute.",
  "url": "https://trendkia.com/en/entertainment/cintaa-phnda-vivada-men-upasana-singh-ke-tikhe-tevara-poonam-dhillon-aura-padmini-kolhapure-para-bina-ijajata-90-lakha-ki-fd-toran-41121",
  "category": "Entertainment",
  "publishedAt": "2026-10-01",
  "tags": [
    "CINTAA",
    "Upasana Singh",
    "Poonam Dhillon",
    "Padmini Kolhapure",
    "Nagma",
    "Bollywood Dispute",
    "Deepak Parashar",
    "Paintal"
  ],
  "language": "en",
  "site": "TrendKia"
}