Unable To Pay His Loan, Arjun Rampal Gets Sued For Rs 1 Crore. Details Inside

Bollywood News

Back in 2018. Bollywood actor Arjun Rampal had reportedly borrowed a total sum of Rs 1 crore from a company named YT entertainment. The actor had promised that he would back the loan in a matter of 90 days, with 12% interest

Written By Radhika Sarkar | Mumbai | Updated On:

Back in 2018. Bollywood actor Arjun Rampal had reportedly borrowed a total sum of Rs 1 crore from a company named YT entertainment. The actor had promised that he would back the loan in a matter of 90 days, with 12% interest. However, Rampal failed to meet the deadline and has not paid back the sum at all. 

The company through solicitor Aurup Dasgupta has now filed a lawsuit complaint against the actor. As per a report in Hindustan Times, Arjun had given the company a post-dated check of the sum he owed, but the cheque bounced. 

Read: When Arjun Rampal Used The Word ‘wedding’ On His Instagram Post Featuring Rumoured Girlfriend Gabriella Demetriades

The report further reveals that the actor has been served with a legal noticed, under section r section 138 of the Negotiable Instruments Act, 1881, in which he was specifically directed to pay back the loan amount with promised interest within 14 days, which was back in October. Meanwhile, the buzz is that Rampal has already paid Rs 7.5 Lakhs and is yet to repay the rest of the amount. 

However, the solicitor has rubbished the reports of the actor paying Rs 7.5 Lakh and claimed that he has not paid back a penny of the total sum of money he owes YT Entertainment. 

On the work front, Arjun Rampal was last seen in 'Paltan'. Apart from him, the JP Dutta directorial stars Sonu Sood, Harshvardhan Rane, and Gurmeet Choudhary. Arjun, who hails from an army family said that he has always had immense respect for the army. "My grandparents were in the army. I have climbed the Siachen Glacier and I have gone and lived with the soldiers there so the respect for them has always been high. It was a huge responsibility to be able to walk in the shoes of such true-life heroes”, the actor said while speaking to Republic TV. 

Read: Did Arjun Rampal-Gabriella Demetriades Make It Official With Their Latest Instagram Posts?

Meanwhile, the multi-starrer movie also features an ensemble cast including Jackie Shroff, Siddhant Kapoor, Luv Sinha, Esha Gupta, Sonal Chauhan, and Deepika Kakar.

 

 

 

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