Latha had sold the post-production work of the film in which the petitioner was given exclusive distribution rights for Tamil Nadu, providing for 12 per cent pre-release guaranteed profit.
New Delhi, The Supreme Court on Tuesday asked a company, one of whose directors is Latha Rajinikanth - wife of Tamil superstar-turned politician Rajinikanth and one of the firm's directors, to repay the outstanding loan within three months, otherwise she will liable for the amount. If the company does not pay the balance dues to the appellant, the respondent accused Latha Rajnikanth has undertaken to pay the said amount. Now that Rajinikanth stepped into the political life, an old debt of his came up again with the court ordering his wife to pay 6.20 crores plus taxes to a private firm.
The advertising agency had alleged in its complaint that they had ventured in the post production of film Kochadaiiyaan which was produced by Mediaone Global Entertainment Ltd on Lathas personal guarantee and had funded Rs 10 crore for it. The movie, directed by Rajnikanth's daughter Soundarya Rajinikanth, used "photorealistic performance capture technology". Latha Rajinikanth was signed as a guarantor for the loan, and Ad Bureau claimed her company still owed it Rs 6.2 crore, according to The Times of India.
Bollywood star Deepika Padukone starred as the leading lady in the film.
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