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A lawsuit was filed against the actor Arjun Rampal in Bombay High Court after he allegedly failed to repay a loan of a crore that he had contracted to YT Entertainment in May 2018.
However, the actor stated that the issue has been resolved. "The issue has been resolved and the transaction has taken place," said Rampal, adding that he would make it clear during the hearing that the trial was to take place.
According to the lawsuit filed by the lawyer Aurup Dasgupta, Rampal had promised to do it. repay the loan within 90 days, with an interest of 12% per annum.
He also gave a post-dated check (PDC) of 1 crore. But when the check was deposited on August 23, it was returned. YT Entertainment then filed a criminal complaint against Rampal in October
On October 8, the actor had received a legal notice under the provisions of section 138 of the Securities Act of 1881, in which he was asked to pay 1 crore of rupees with interest. within 14 days. But failing that, a criminal complaint was filed against Rampal in the Andheri Metropolitan Court of First Instance on 29 October.
Rampal then paid 7.5 rupees to the firm on 22 November. loan amount, a lawsuit was filed for the recovery of 10,050,000 rupees with interest, Tuesday, after adjustment of lakh 7.5 lakh that he had already paid. 7.5 lakh.
First published: February 14, 2019 10:01 am IST
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