The Madras High Court, in an interim order on an attachment application, has directed actor Simbu to offer security cover to the tune of Rs 50 lakhs or face attachment of his properties
In a complaint filed by the production house, Passion Movie Makers, it has been alleged that Simbu entered into an agreement to star in a movie titled Arasan in 2013 and was paid an advance of Rs 50 lakhs but he did not honour the commitment.
The petitioners sought the recovery of the amount along with interest which amounted to Rs 85.50 lakhs. On August 30 the court had passed an order saying the actor to furnish securities for Rs 85.50 lakhs.
When the plea came up for hearing on Tuesday, Counsel representing Simbu had argued that the actor could not honor the commitment as the project refused to take off on time. The Judge hearing the case passed the interim order as there was not enough evidence to show he had suffered losses dues to the producer's action and modified the order directing the actor to provide security for Rs 50 lakh.
If the actor fails to offer security cover, his properties may be attached as per the court directive according to a TOI report.
Simbu started his career in the film industry as a child artiste and has acted in a number of films before making a mark for himself as a hero. His last film release was Chekka Chivantha Vaanam, which has been directed by Mani Ratnam.
This magnum opus is a multi starrer that also had Vijay Sethupathi, Aravind Samy and Arun Vijay in the lead roles. Chekka Chivantha Vaanam released to packed houses and is doing well at the theatres with positive reviews.
Simbu has also inked a new deal recently and has begun shooting for the film. He will be seen playing the lead role in the remake of the hit Telugu film Attarintiki Daredi, which had Pawan Kalyan as the hero.
(Content provided by Digital Native)