Bipasha Basu’s much speculated Hollywood debut Singularity, a time travel epic has landed into financial trouble! Buzz says that the company behind the production owes millions of dollars to creditors and the cast and crew.

The company behind the Australian-UK co-production has been placed into administration. Source informs that an estimated USD 15.13 million is owed to creditors! The efforts are on to save the USD 28 million movie, bulk of which has been completed.

It is learnt that in a meeting in Brisbane, the creditors discussed completing the film by June 30, which will entitle the film to government rebates allowing creditors to be re-paid, the website said. More than USD 13 million of Australian-based expenditure is expected to be eligible for the 40 per cent Producer Offset rebate once the film is complete.

The film has been directed by Oscar-nominated Roland Joffe and stars Josh Hartnett, Basu, Abhay Deol and Neve Campbell. The problem apparently started when Belgian-sourced funding secured by film company Corsan, controlled by one of the film’s offshore producers, Paul Breuls, dried up during production.

The film was also shot in India for four weeks. Now let’s see when the problem gets over for the makers!

Source: Zeenews.com