Senan,
Sri Tenandal Movies has been producing many movies since 1976 within the Tamil movie business. It was managed by director Rama Narayanan. After his loss of life, his son and producer N. Ramaswamy is managed. Lastly, the corporate’s movie Mersal, starring Vijay in 2017, was launched.
The Chennai Egmore court docket has issued an arrest warrant on bail towards Srideenandal Movies proprietor N. Ramasamy within the case of a verify of Rs 26 crore.
Two petitions have been filed within the Metropolitan Justice of the Peace’s Courtroom of Egmore, Chennai. It has been reported that Srideenandal Movies has signed an settlement with the corporate to purchase movies on this planet, together with India, by their firm. Following this, Teenandal Movies has acquired a mortgage of about Rs 26 crore in varied installments from their firm for enterprise functions. The mortgage quantity was mortgaged, together with a gross sales contract and a mortgage assure. Nevertheless, the petition has been ordered to take motion underneath sections of the verify fraudulent regulation because the checks issued by Teenandal Movies to their firm for loans have been returned to the financial institution.
The case got here up for listening to on the Metropolitan Justice of the Peace’s Courtroom in Chennai. Since nobody appeared in court docket on behalf of Tennandal Movies, the proprietor of the corporate, N. Ramasamy, has ordered the arrest of Nandal Movies’ proprietor N. Ramasamy on October 3, ordering the arrest of the proprietor of the corporate N. Ramaswamy.
(Tagstotranslate) Verify Fraud Case (T) Sri Thenandal Movies (T) Cinema Information (T) Sri Tenandal Movies (T) Pidivandrand