Noted film producer Soorappa Babu's complaint to Karnataka Film Chamber of Commerce regarding the return of advance amount of Rs. 20 lacs from actor Shivaraj Kumar was supposed to have been resolved earlier. Producer K.P.Srikanth had agreed to take the responsibility of accepting the entire burden of loan from the financiers obtained by Soorappa Babu and KFCC had fixed September 15.
Unless K.P Srikanth produces necessary documents to take over the loan portfolio or pay the financiers the full amount, the burden of Loan still carries with Soorappa Babu who is paying monthly interest to financiers as told by Babu earlier. Even the financiers had agreed to transfer the portfolio from Soorappa Babu to K.P.Srikanth, the sources in the KFCC say.
Soorappa Babu has given another request letter to KFCC yesterday.