A metropolitan magistrate court docket in Saidapet has sentenced Tamil director N Lingusamy to six months’ imprisonment over a cheque fraud case. The order got here on Monday, August 22, with reference to a case filed via an economic firm PVP Capital Limited. A cheque given to PVP Capital confined for a quantity of Rs 1.03 crore by director Lingusamy is said to have bounced. Following this PVP Capital Limited filed a case in opposition to Lingusamy and his brother, Subash Chandra Bose.
Lingusamy and his brother run the production business enterprise Thirrupathi Brothers. The manufacturing company, in 2014, had taken a loan from PVP Capital Limited to make a film titled Enni Yezhu Naal. Unfortunately, the film in no way took off and the brothers didn’t pay off the mortgage.
PVP Capital approached Madras High court, which directed, Lingusamy and his brother to pay the loan amount returned to PVP Capital but it turned into seen that the cheque that Lingusamy had given had bounced. PVP Capital then filed a cheque fraud case against the director and his brother.
Now, Director Lingusamy has stated that he’ll technique a better court docket to attraction towards the metropolitan magistrate courtroom which has sentenced the director to 6 months’ imprisonment.
In a declaration Lingusamy said, “The dispute is between PVP capitals and our production house Thirrupathi Brothers film media private limited. The honorable court ruled today on the petition they have filed. We will appeal against this order and legally face the issue.”