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Rajinikath's Wife Has To Face Trial For Not Repaying Loan

Desimartini logo Desimartini 11-07-2018 Ayshu Bhardwaj
Latha Rajinikanth talking on a cell phone: Rajinikath's Wife Has To Face Trial For Not Repaying Loan © Provided by HT Media Limited Rajinikath's Wife Has To Face Trial For Not Repaying Loan

The wife of Tamil superstar-turned politician Rajinikanth, Latha Rajinikanth, will face trial in a case relating to non-payment of the outstanding amount of Rs 6.2 crore to an advertising agency. The Supreme Court on Tuesday set aside the Karnataka High Court order that had quashed the criminal proceedings against her. Latha Rajinikanth is allegedly one of the Directors of the Mediaone Global Entertainment Ltd. that had taken Rs 14.90 crore loan from Bengaluru-based advertising firm to finish post-production work of 2014 Rajinikanth-Deepika Padukone starrer film 'Kochadaiiyaan'.

The movie was directed by Rajinikanth's younger daughter Soundarya. The amount outstanding is Rs 6.2 crore. A bench of Justice Ranjan Gogoi and Justice R. Banumathi said the Karnataka High Court was not justified in quashing the proceedings against Latha, adding: "This is a case which should have gone for trial. You (Latha) can apply for discharge at an appropriate stage”.

The bench was hearing a plea filed by the advertising firm against the March 10, 2016 order of the Karnataka High Court quashing the proceedings against Latha, which were initiated after a trial court order. On July 3, the apex court had pulled up Latha for not complying with its order and her undertaking to repay the outstanding amount of Rs 6.2 crore to an advertising agency.  Moreover, the bench's 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”.

Also watch: Aaradhya Bachchan will become Prime Minister, says Rajinikanth's astrologer

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