Latha Rajinikanth and Soundarya were served with an arrest warrant by the Saidapet Magistrate Court in Chennai following a cheque bounce case. They had obtained a loan amounting to 20 lakhs from Sumarchand Bafna and issued a cheque when he demanded the dues.
They issued two cheques, dated December 1, 2010, towards repayment, but the cheques bounced. He filed a complaint on December 24, 2010 at the magistrate court. Based on the complaint the ladies were summoned to appear in court before January 19. Since they failed to do so, the arrest warrant was issued and the matter adjourned till yesterday. Latha and Soundarya did not come for the hearing yesterday and this resulted in court ordering the warrant to be executed by March 9.
To avoid the impending arrest the matter was settled out of court. Sumerchand filed a petition later in the day to that effect and requested permission to withdraw the complaint, which the court obliged.
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