Her company had taken Rs 14.90 crore loan from the Bengaluru-based Ad-Bureau Advertising to finish post-production work of the 2014 Rajinikanth-Deepika Padukone starrer film Kochadaiiyaan, directed by Rajinikanth’s younger daughter Soundarya.
Ad Bureau Advertising Pvt Ltd claimed in 2015 that Media One, Latha’s Company had illegally sold the rights of the movie Kochadaiiyaan to an entertainment company by producing fake documents in court. They also stated that Media One had taken money from them amounting to Rs.10 Crore in April 2014 wherein Latha Rajinikanth had signed as a guarantor for the loan. This after the film ran into a lot of post-production issues.
Here’s what the Supreme Court told Latha Rajinikanth:
“The long and short of it is that you (Latha) have not paid and the law will take its own course. We will pass order.”
Posting the matter for July 10 for further hearing, the bench said: “We had kept the matter pending (on February 20) because you had said that you will pay the amount.”