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SC pulls up Rajinikant's wife for not repaying loan
The Supreme Court on Tuesday pulled up Rajinikanth, the wife of Tamil superstar-turned politician Rajinikanth, for not complying with its order Rs 6.2 crore to an advertising agency
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. "
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', directed by Rajinikanth's younger daughter Soundarya. The amount outstanding is Rs 6.2 crore.
Order of the Karnataka High Court quashing the proceedings against Latha, which were initiated after a trial court order.
She had approached the high court after the trial of the police.
On July 3, the apex ran out of the hands of the Rs 6.2 crore to an advertising agency.
On Tuesday, the counselling appeared for the agency told the bench that Latha had not paid the money in the past.
On February 20, the bench while keeping the petition by the advertising agency for the past, said that it would not be possible to pay the amount in three months that Latha Rajinikanth would bear the burden of payment.
The bench's February order had stated: "Special leave petition is being held for the past three months." – Mediaone Global Entertainment Ltd. – Latha Rajanikanth) has been involved before the court to pay the amount due. "
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