A Bengaluru has ordered the veteran filmmaker Dwarakish to pay a fine of Rs. 52.20 lakhs to producer K C N Chandrasekhar, failing which he is sentenced to undergo a simple imprisonment for a period of one year.
The court has passed the orders after convicting the actor and producer Dwarakish, who has so far produced more than 50 films under his prestigious banner Dwarakish Chitra. He has been convicted under the Negotiable Instruments Act (Cheque bounce case) and sentenced him to pay Rs 52.20 lakhs as fine or face a simple imprisonment for one year in jail.
The producer K C N Chandrasekhar had approached the court five years ago, accusing Dwarakish Chitra for failing to return Rs. 50 lakhs which was taken as loan by him towards producing a film. The cheque payment made by Dwarakish Chitra in favour of K C N Chandrasekhar had bounced and hence had registered the case.
It is learnt that Dwarakish had taken loan towards producing the film 'Charulatha’ which featured national award winning actress Priyamani in the lead.