
The Maharashtra State Government has taken over ND Studios in Karjat, previously owned by the late art director Nitin Desai. The Maharashtra Film, Theatre, and Cultural Development Corporation will now manage the studio’s operations, ensuring its legacy continues. This move follows the approval of a resolution plan by the National Company Law Tribunal (NCLT).
Organisations dependent on persons instead of concepts especially face lower survival rate.
A strucure and process of functioning may take away certain powers from the founder, but it will give the institution or organisation a perpetuity which is not only more profitable but also priceless to those in the industry or neighborhood or State itself.
Resources exist, but people are either chasing trends or they fail to utilize the facilities available due to effort required in mobilising the resource.