Prominent Tamil film industry star, Vishal, celebrated for his significant roles in Kollywood blockbusters, faces a legal storm in an ongoing case with Lyca Productions. In the latest updates, the Madras High Court has sternly rebuked Vishal Krishna for failing to adhere to a court order.
The court issued a stern warning, hinting at possible suo moto contempt proceedings, due to Vishal’s failure to timely submit the required bank statements. This development has garnered significant attention, shedding light on the challenges faced by the actor in this legal battle.
According to reports, Justice P. T. Asha ordered Vishal on September 12 to submit his four bank statements with his and his family members’ movable and immovable asset details. But the actor failed to submit the affidavits on the date, which infuriated the judges at the court.
Justice PT Asha said, “Don’t think you are a big shot in society; you are just another litigant before the court. Don’t allow your image to get into your head”. All of this was observed by the judge in the open court, while the actor appeared before the court. The actor also tendered an apology for his non-appearance on September 19.
Senior advocate Arvind Pandian appeared for Vishal and submitted all the bank statements and details of the movable and immovable asset documents online. He also added that the documents and the bank statements took longer than expected, which is why they couldn’t be submitted on the date declared by the court.
Further, the council also gave the details of two bank accounts and asset documents owned by Vishal. As per these documents, the actor owns three cars and one bike, and he has also been paying the bank loan taken by his father.
The whole case started when Vishal took a loan from Anbu Chezhian of Gopuram Films Rs 21.29 crore. But when the amount remained unpaid, Lyca Productions stepped in to aid Anbu Chezhian on the promise that Vishal would repay the entire amount to Lyca with interest at a rate of 30 per cent per annum.
But Vishal failed to make the regular payments, and then Lyca Production filed a case against the actor at the High Court.