Supreme Court rejects plea filed by Rajinikanth’s wife against order asking her firm to pay its dues
In February, the top court had ordered Media One to pay the amount to Ad Bureau Advertising Limited within 12 weeks.
The Supreme Court on Monday dismissed a petition filed by actor Rajinikanth’s wife Latha against its order directing her company to pay Rs 6.20 crore to Ad Bureau Advertising Pvt Ltd, The News Minute reported. In February, the top court had ordered Media One Global Entertainment, where Latha Rajinikanth is a director, to pay the amount to Ad Bureau Advertising Limited within 12 weeks.
In its petition, Media One claimed that of the Rs 10-crore loan it had taken from Ad Bureau, it had already paid back Rs 9.20 crore and owed only Rs 80 lakh.
The court’s order is in connection with a case of cheating that was filed against her. In 2015, Ad Bureau Advertising Pvt Ltd filed a case of cheating against Latha Rajinikanth and accused her of illegally selling the rights of the movie Kochadaiiyaan to an entertainment company by producing fake documents in court.
Ad Bureau also alleged that it had lent Media One, one of the producers of Kochadaiiyaan, Rs 10 crore in April 2014 when the movie was running short of funds for post-production work. Latha Rajinikanth was signed as a guarantor for the loan, and Ad Bureau claimed her company still owed it Rs 6.2 crore, according to The Times of India.
The Supreme Court ruled that if the dues were not cleared within the stipulated time, she would have to pay the amount herself.