Our Tollywood manmadhudu is in danger of losing his valuable
Annapurna Studious. News came out that Nagarjuna is in dept to Andhra Bank for
32.3crs & 29.7crs to Indian Bank. Even after giving notice to Nagarjuna he
did not respond to them so authorities thought to take a serious step by
seizing Annapurna Studious which was spread on land of 7.25 acres.
Officially the two banks announced in public that the studio
have been seized & no third party can enter in business with the studio
authorities without prior notice.
Nagarjuna is planning to talk with the bank officials to
settle the issue outside the court. Nagarjuna also locked horns with GHMC on
the issue of N-Convection centre.
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