Latha Rajnikanth, wife of superstar Rajnikanth will face trial if she doesn't pay up on a loan, the Indian Supreme Court has ruled. The Supreme Court has pulled up Latha for not complying with its order of repaying the outstanding amount of Rs 6.2 crore that she owed to an advertising agency.
Latha Rajinikanth is one of the directors of the Mediaone Global Entertainment Ltd. that had taken Rs 14.90 crore loan from Bengaluru-based Ad-Bureau Advertising to finish post-production work of 2014 Rajnikanth- Deepika Padukone starrer film Kochadaiiyaan, directed by Rajnikanth’s younger daughter Soundarya. The amount outstanding is Rs 6.2 crore, reports Quint.
On February 20, the bench, who kept the petition by the advertising agency pending for three months, said that Mediaone would pay the amount in three months failing which Latha Rajnikanth would bear consequences. The bench in its February order had stated, “Special leave petition is kept pending for three months. Within the aforesaid period of three months if the company - Mediaone Global Entertainment Ltd - does not pay the balance dues, the respondent-accused (Latha Rajanikanth) has undertaken before the court to pay the amount due."
Watch this space for more updates on this case!