Categories: LAW AND ORDER

Actor Aayush Shah and Business Partner File Cheque Dishonour Complaints Against Planet Marathi Founder

Keywords: Aayush Shah, Mausam Shah, Planet Marathi, Akshay Bardapurkar, cheque dishonour, Negotiable Instruments Act, legal complaint, Rs 1 crore, court case, civil damages.

Actor Aayush Shah and Business Partner File Legal Complaints Over Dishonoured Cheques Totaling Over Rs 1 Crore

Actor Aayush Shah and his business partner Mausam Shah, co-founders of Maars Communicates PR Agency, have filed multiple complaints in a magistrate court against Akshay Bardapurkar, the founder of the OTT platform Planet Marathi, alleging cheque dishonour under the Negotiable Instruments Act.

The complaints, filed earlier this month, pertain to a series of nine cheques issued by Bardapurkar to the Shah duo, which were dishonoured upon presentation. The total disputed amount is Rs 1,14,30,400, with Rs 87 lakh owed to Aayush Shah and the remainder to Mausam Shah.

Details of the Case:

According to the complaints, the cheques were issued with the promise of payment, but upon presentation, they were dishonoured due to insufficient funds. Furthermore, a monthly interest of Rs 3,61,500 has been accruing on the unpaid amount since May 2024, significantly increasing the financial liability of the accused.

Aayush Shah has filed three separate complaints against Bardapurkar and Planet Marathi Seller Services, while Mausam Shah has lodged one complaint. Their legal representative, Krishnagopal S. Tripathi, confirmed that the matter involves both criminal complaints under the Negotiable Instruments Act and potential civil litigation for damages and further accountability.

Legal Implications:

Under the Negotiable Instruments Act, the dishonouring of cheques is a criminal offence, punishable with imprisonment of up to two years, a fine, or both. The Shah duo’s decision to pursue both criminal and civil remedies underscores the seriousness of the allegations and their determination to hold Bardapurkar accountable for the financial default.

Next Steps:

The court is expected to hear the matter in due course. Meanwhile, the complainants are preparing to file a civil case seeking damages and additional legal remedies.

This case highlights the growing disputes in the entertainment and media industries over financial transactions and contractual breaches, emphasizing the need for stringent compliance with financial commitments.

Stay tuned for live updates on the rupee’s movement and real-time business news on Kanishk Social Media—your go-to source for comprehensive stock market and legal news.

JUDICIARY INDIA CONSTITUTION – KSM LAW PUBLISER

ASHUTOSH DUBEY – kanishksocialmedia Broadcasting & Media Production | LinkedIn

Ashutosh Dubey

legal journalist,Public Affair Advisor AND Founding Editor - kanishksocialmedia-BROADCASTING MEDIA PRODUCTION COMPANY,LEGAL PUBLISHER

Recent Posts

Tesla Stock Drops After Q4 Delivery Miss and First Annual Sales Decline

Keywords: Tesla stock, Q4 delivery miss, TSLA, yearly sales decline, electric vehicles, Tesla deliveries, stock…

4 weeks ago

Supreme Court Reopens for 2025; CJI Sanjiv Khanna Wishes Lawyers and Litigants a Happy New Year

Keywords: Supreme Court, CJI Sanjiv Khanna, new year 2025, winter vacation, urgent listing, email system,…

4 weeks ago

94% of Indian Youth Feel Impacted by Climate Change: Survey

Keywords: Indian youth, climate change, environment, climate impact survey, environmental awareness, India climate crisis, youth…

4 weeks ago

Global Industrial Emissions: Why the Sector Is Lagging in Energy Efficiency and Decarbonisation

Keywords: industrial emissions, energy efficiency, decarbonisation, manufacturing sector, greenhouse gas emissions, fuel combustion, global warming,…

4 weeks ago

Chennai Court Sentences Stalker to Death for Murdering College Student

Keywords: Chennai Court, death sentence, Sathya murder case, stalking, IPC 302, Mahila Court, CB-CID, victim…

1 month ago

2024 Poised to Be the Hottest Year Ever, Warns WMO

Keywords: 2024 hottest year, WMO report, climate change, dangerous heat, global warming, human health risks,…

1 month ago