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Provide security for Rs 50 lakh or face action: HC to Tamil actor

Press Trust of India  |  Chennai 

The Tuesday made it clear that the properties of would be attached if he fails to provide security for Rs 50 lakh, which he received from a production house, by October 31.

The matter relates to a civil suit filed by Passion Movie Makers in which it was claimed that the production house had entered into an agreement with for acting in the leading role in the movie ''

The actor's remuneration was fixed as Rs 1 crore and Rs 50 lakh was paid as advance on June 17, 2013.

As the did not keep up his commitment, the production company filed the civil suit.

On the actor's behalf, it was claimed that the production company had not started production and hence they have to forfeit the amount.

for the moved a plea stating that the rate of interest was not mentioned in the agreement.

Justice M Govindaraj said the court had earlier directed the actor to furnish security for Rs 85.50 lakh.

Following the counsel's submission, it has been modified to Rs 50 lakh and the actor should provide security for this amount on or before October 31, the said.

"In default, the properties mentioned in the suit schedule will stand attached," Justice Govindaraj said and posted the matter for October 31.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 09 2018. 20:20 IST