Arjun rampal has been in the headlines for rumoured affair with girlfriend gabriella Although the two have not officially accepted their relationship, However, Arjun has reportedly been sued for Rs 1 crore for not repaying a loan he borrowed. According to reports, in May last year, Arjun Rampal had borrowed a total of Rs 1 crore from an entertainment company. The actor had promised that he would pay back his loan within a time period of 90 days, along with 12 per cent interest. However, he failed to do so.
Now the company has reportedly filed a lawsuit against the actor. The reports also suggest that he had given the company a post-dated cheque of Rs 1 crore dated on August 23, however, the cheque had bounced.
Arjun has been given a legal notice, under section 138 of the Negotiable Instruments Act, 1881, in which he was directed to pay back the loan amount with promised interest within 14 days., back in October. Arjun had reportedly paid Rs 7.5 lakh earlier to the company but is yet to pay the remaining amount and the interest.
However the company has told the media that the actor has not paid a single penny and Arjun is lying about the 7.5 lakh he has paid. We do not know what the truth is but will surely know in some months