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Supreme Court ordered Rajinikanth’s wife to pay back loan

Supreme court has ordered Superstar Rajinikanth’s wife Latha Rajinikanth to clear all the dues. Latha Rajinikanth who is one of the Directors of the Mediaone Global Entertainment and the company had taken a loan of amount Rs 14.90 crore from the Bengaluru-based Ad-Bureau to complete the post-production work of film Kochadaiiyaan (2014) directed by their younger daughter Soundarya. The court has ruled that the company should repay the outstanding amount of Rs 6 crores in a period of 3 months or Latha Rajinikanth will be liable for the amount.

The order said that Mediaone would pay the amount in three months failing which Latha Rajanikanth would bear the burden of payment. “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,” it said.Recording the statement made on behalf of Latha Rajanikanth, the court directed the next hearing of the matter on July 3.

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