Hyderabad: Prominent Animation Company from the city DQ international private limited has turned bankrupt. It has also filed an insolvency petition in a court. The declaration of bankruptcy by the company has thrown its 1400 employees on the road.
The DQ international animation company has also not paid the salaries of its employees for the last eight months. This has forced the company employees to approach the state human rights commission CCS police station. In their complaint to the police, the employees have urged the police to take action against the Managing Director of the company Tapas Chakravarthy.
They said that each employee of the company should get Rs.14 lakh arrears. They alleged that the management of the company was threatening them when they demanded money.
