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Actor, entrepreneur Aayush Shah files legal criminal cases against Planet Marathi founder Akshay Bardapurkar over bounced cheques worth Rs. 87 Lakhs

by MN4U Bureau
November 19, 2024
in Media
Reading Time: 2 mins read
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Actor, entrepreneur Aayush Shah files legal criminal cases against Planet Marathi founder Akshay Bardapurkar over bounced cheques worth Rs. 87 Lakhs
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MUMBAI: Actor and entrepreneur Aayush Shah Files Legal Criminal Cases Against Akshay Bardapurkar, the founder of Planet Marathi, over bounced cheques worth Rs. 87 Lakhs.

Shah along with his business partner Mausam Shah, has filed multiple legal criminal cases under Section 138 of the Negotiable Instruments Act against Akshay Bardapurkar, founder of Planet Marathi. The cases pertain to a series of dishonoured cheques issued by Bardapurkar.

According to the allegations, Bardapurkar issued nine signed cheques to Aayush and Mausam, co-founders of the reputed PR agency Maars Communicates, known for its association with high-profile brands. The cheques, totaling Rs. 1,14,30,400, were dishonoured upon presentation. Of this, Rs. 87,00,000 was owed to Aayush Shah, and Rs. 20,00,000 was owed to Mausam Shah, with a monthly interest of Rs. 3,61,500 accruing since May 2024.

In total, Shah has filed three criminal cases against Akshay Bardapurkar and Planet Marathi Seller Services for the Rs. 87,00,000 owed to him, while Mausam Shah has filed one criminal case for the ₹20,00,000 owed to her.

Shah stated, “This issue goes beyond finances—it’s a breach of trust. Professional relationships rely on transparency and respect, and when those are compromised, it impacts both business and personal bonds.” Mausam Shah added, “This situation is deeply disheartening, especially given the strong personal and professional relationship we shared. Integrity and mutual respect should be the foundation of any partnership.”

In addition to the criminal cases, the Shahs have also announced their intention to file a civil case against Akshay Bardapurkar to seek damages and further accountability.

The legal proceedings are being spearheaded by advocate Krishnagopal S. Tripathi in the High Court. The Shahs emphasised the significance of these actions in a joint statement: “This step is necessary not only to address our grievances but also to uphold the values of transparency, trust, and accountability that are essential in business dealings. We hope to set a strong precedent for the industry through this legal pursuit.”

Tags: Aayush ShahAkshay BardapurkarHigh Court.Planet Marathi

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