Television and film actor Ram Kapoor has landed in legal trouble after a Colaba firm filed a criminal case against him for not repaying a loan of Rs 35 lakhs. According to the firm, the actor borrowed money with a promise to return it within a month at an interest rate of 24 percent but he failed to do so.
According to a Mumbai Mirror report, Mavi Business Ventures LLP lent Rs 35 lakh to Ram which he was in need of to settle his credit card bills. After waiting for months, the firm filed a police complaint against the Bade Achhe Lagte Hain actor accusing him of deception and cheating with dishonest intentions with the Colaba police on June 21, 2017. The police advised the firm to take the matter to the court.
The firm’s counsel Siddharth Srivastava told Mumbai Mirror, “A criminal complaint with regard to the case has been filed at the Esplanade court in the matter last month.”
When indianexpress.com got in contact with Ram, he said, “The matter is in the hands of the authorities and I have full faith that they will see it through.” When asked to share if the case is a fraudulent one or is he at fault, he refused to comment further.
Krishna Kumar Agarwal, co-partner, Mavi LLP, told Mumbai Mirror, “After waiting months for Kapoor to return the money he had borrowed from us, we had moved the Colaba police on the matter some time back. The cops told us to legally take the matter up with the courts.”