In the Kochadaiiyaan payment row, the Supreme Court had ordered Latha Rajinikanth to settle the dues owed by her company Mediaone Global from a Bangalore based company named Ad-Bureau Advertising. The court had given Mediaone Global a twelve-week time to settle the dues which were eventually not taken care of by the Latha Rajiinikanth owned company. The court has now pulled up Latha Rajinikanth in the case and has asked to face the trail in it. “We don’t like people playing around with court orders. We think you should face the trial. If you’re innocent, you will be acquitted. Face the trial,” Justice Ranjan Gogoi said who heads the bench hearing the case.
Kochadaiiyaan was made in 2014 by Soundarya Rajinikanth, younger daughter of superstar Rajinikanth, and was produced by Mediaone Global. The film was India’s first motion picture and featured Rajinikanth and Deepika Padukone in lead roles. Although there was much hype around the film, it couldn’t impress the audiences and eventually tanked at the box office.
Latha Rajinikanth is one of the Directors of the Mediaone Global Entertainment that had taken Rs 14.90 crore loan from Bengaluru-based Ad-Bureau Advertising to finish post-production work of Rajanikanth-Deepika Padukone starrer film Kochadaiiyaan, directed by Rajinikanth’s younger daughter Soundarya. The amount outstanding is Rs 6.20 crore. Keeping the petition by Ad-Bureau Advertising pending for three months, the bench of Justice Ranjan Gogoi and Justice R.Banumathi, in their order, said that Mediaone would pay the amount in three months failing which Latha Rajanikanth would bear the burden of payment.
Much has been speculated about the loan issue in the last 6 months and many media reports even said that the loans were all repaid in time, the pending petition has brought few unknown facts to light about the payments. Latha Rajinikanth is yet to respond to this statement and put out an official statement about the whole loan repayment issue.