Failing to repay his loan, Arjun Rampal is sued for 1 crore of Rs? | Hindi movie news



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Arjun Rampal made the headlines of the new affair with the girlfriend Gabriella Demetriades. Although the two have not officially accepted their relationship, their PDA on social media speaks volumes on the same subject. However, the actor is now making news for a not so good reason. Arjun was reportedly sued for a crore of 1 Rs for non-repayment of a loan he had borrowed.
According to reported information, in May of last year, Arjun Rampal allegedly borrowed a total of 1 crore of Rs 1 from an entertainment company. The actor had apparently promised to repay his loan within 90 days, along with a 12% interest. However, he failed to do so.

However, the company would have filed a lawsuit against the actor while Arjun had already revealed that the deal had been concluded between the company and him. The reports also suggest that he had given the company a post dated check of 23 crores dated August 23, but that the check had been returned.

Pursuant to section 138 of the Securities Act of 1881, Arjun received notice of a legal opinion in which he was expressly ordered to repay the loan amount together with the interest promised within a specified period of time. 14 days in October. Arjun allegedly paid the company more than Rs 7.5 million previously, but has not yet paid the remaining amount and interest.

However, the company allegedly rejected all claims that it paid 7.5 rupee lakhs and insisted that the actor did not pay a penny of the total loan amount owed to him. .
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