The last few years have been financially difficult for Lingusamy.
Also ordered to deposit the check amount within six weeks.
In a major relief for Tamil filmmaker N Lingusamy, the Madras High Court on Monday stayed the jail sentence awarded by a sessions court against the director in a check bounce case. The counsel representing N Lingusamy informed Justice V Sivagnanam of the Madras High Court that the director has already deposited 20 per cent of the check amount at the Metropolitan Magistrate Court in Saidapet, Chennai and 20 per cent of the remaining amount in the same court. do. The High Court accepted this argument and suspended the six-month jail sentence imposed on him. Also ordered to deposit the check amount within six weeks.
Last year, a financial firm named PVP Capitals Limited had filed a case against N Lingusamy and his brother N Subhash Chandra Bose in a check bounce case of Rs 1.03 crore.
According to reports, in 2014 the brothers had borrowed money from PVP Capitals. When he tried to repay the loan, his check bounced; And after this, the firm filed a case against him. Both the brothers own the production house, Thirupathi Brothers.
Then a metropolitan magistrate court in Saidapet sentenced Lingusamy to six months imprisonment for the case. The order was issued on August 22 last year, but Lingusamy filed an appeal to set aside the decision. On 12 April, the Madras Principal Sessions Court upheld the sentence of 6 months imprisonment given by the Saidapet Court. Lingusamy later shared a statement saying that he would move a higher court to quash the 6-month jail sentence.
Thereafter, the last few years were financially troubled for Lingusamy and his brother, as their productions did not do well at the box office and they fell into debt.
N Lingusamy is famous for his work in Tamil film industry and has given hit movies like Anandam, Run, Paiya and Sandhojagi. N. Lingusamy’s last directorial venture was the bilingual film Warrior starring Telugu actors Ram Pothineni and Kriti Shetty. The film failed miserably at the box office and failed to impress the critics as well.
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