Unable to repay his loan, Arjun Rampal is sued for 1 crore of Rs! – details inside



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  Arjun Rampal sued for a crore of Rs 1

Arjun Rampal sued for a crore of Rs 1 & nbsp | & nbspPhoto Photo: & nbspInstagram

In May 2018, Arjun Rampal allegedly borrowed a total of 1 billion rupees from YT Entertainment. The actor had promised to repay his loan within 90 days and with an interest of 12%. However, not only did he not meet his deadline, but he did not repay his loan, according to information.

The company, through the intermediary of the lawyer Aurup Dasgupta, nevertheless filed a lawsuit against the actor while Arjun had previously disclosed that the transaction was between the company and the company. him. According to a report in HT, the actor reportedly gave the company a post dated check of 23 crores dated August 23, but the check had been returned.

The report also reveals that the actor had received a legal notification. under section 138 of the Marketable Instruments Act, 1881, in which he was expressly instructed to repay the loan amount with interest promised within 14 days in October. According to later information, Rampal allegedly paid 7.5 Rkh to the company at the time, but has not yet paid the balance nor the interest.

However, Dasgupta canceled this information according to which Rampal would have paid 7.5 Rkh instead and instead. insisted that the actor had not paid a penny of the total loan amount he owed to YT Entertainment. Well, it's surely an embarrbading new for the Paltan star. If we believe this information, he will have to repay his loan quickly, otherwise the legal consequences would be fatal.

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