MASC – An idea that failed
Syed Ali Mujtaba
I am tempted to write a note of obituary for Media Arts and Science College (www.masc.asia) Chennai where I worked for six months as Head, Media Studies. It’s pity to say that MASC for all practical purposes is defunct if not dead.
MASC was an enterprising idea to promote media studies in Chennai. However, what appears that it was totally messed up by its promoter. Dreaming big is one thing, but to have the wherewithal to run the show is another. To break even is hard ball game where the promoter has floundered this wonderful venture.
I have been told that now the majestic MASC building on the East Coast Road (ECR) is under lock up. The building rental bill has accumulated to astronomical figures, making the land-lord to seal the premises, sources have said.
Debts have accumulated and my personal dues towards my salary is 1 lakh rupees, other staff, plus the vendors have their dues also to be settled. Every one wants their dues to be settled. This is nine month since the dues are kept in abeyance.
I am lucky to leave MASC in January, 2013 and found my way to a small Company, eking out my living but others are still waiting for their arrears.When the dues will be settled is the question mark?
The most hotly debated point among the staff members is when the promoter knew that MASC requires the exact sums to be spent annually, he should have arranged such fund before embarking on the project. What he actually did was to arrange some funds and started the venture hoping to break even and make it a profitable venture. However, he it appears he lost the way and apparently left with no funds when he raised his hands. He promised all to clear all the dues soon.
Its debated that if he had no resources to sustain such high profile venture why he started it in the first place? He should have known his limitations and may have applied breaks but he carried on adding to his expenses till he found himself in red. He pushed the project, till it reached a dead-end.
Its widely speculated, the reality is the promoter has no further funds and it is impossible for him to get back on the track.
The talk of the town is there anything left in MASC. Sources say, all the talk of its sales, joint ventures, is humbug. All such assumption that someone will come for joint venture and share litigation is just farce, the sources added.
Still someone like me may have sympathies with the promoter but then the dues have to be recovered. Its a long wait for me and the promise is not being fulfilled. In such case what should the aggrieved persons like me may do. Some one have suggested to make coordinated or individual effort and file a case to recover the dues. It’s the only way to recover the dues.
It’s really a sad commentary about MASC – An idea that failed.
----
Syed Ali Mujtaba is working journalist based in Chennai. He can be contacted at syedalimujtaba@yahoo.com
Syed Ali Mujtaba
I am tempted to write a note of obituary for Media Arts and Science College (www.masc.asia) Chennai where I worked for six months as Head, Media Studies. It’s pity to say that MASC for all practical purposes is defunct if not dead.
MASC was an enterprising idea to promote media studies in Chennai. However, what appears that it was totally messed up by its promoter. Dreaming big is one thing, but to have the wherewithal to run the show is another. To break even is hard ball game where the promoter has floundered this wonderful venture.
I have been told that now the majestic MASC building on the East Coast Road (ECR) is under lock up. The building rental bill has accumulated to astronomical figures, making the land-lord to seal the premises, sources have said.Debts have accumulated and my personal dues towards my salary is 1 lakh rupees, other staff, plus the vendors have their dues also to be settled. Every one wants their dues to be settled. This is nine month since the dues are kept in abeyance.
I am lucky to leave MASC in January, 2013 and found my way to a small Company, eking out my living but others are still waiting for their arrears.When the dues will be settled is the question mark?
Its debated that if he had no resources to sustain such high profile venture why he started it in the first place? He should have known his limitations and may have applied breaks but he carried on adding to his expenses till he found himself in red. He pushed the project, till it reached a dead-end.
Its widely speculated, the reality is the promoter has no further funds and it is impossible for him to get back on the track.
The talk of the town is there anything left in MASC. Sources say, all the talk of its sales, joint ventures, is humbug. All such assumption that someone will come for joint venture and share litigation is just farce, the sources added.
Still someone like me may have sympathies with the promoter but then the dues have to be recovered. Its a long wait for me and the promise is not being fulfilled. In such case what should the aggrieved persons like me may do. Some one have suggested to make coordinated or individual effort and file a case to recover the dues. It’s the only way to recover the dues.
It’s really a sad commentary about MASC – An idea that failed.
----
Syed Ali Mujtaba is working journalist based in Chennai. He can be contacted at syedalimujtaba@yahoo.com
No comments:
Post a Comment