What made Raj Kundra take a legal action against official sponsors of Super Fight League?
Entrepreneur
and newly turned author Raj Kundra is infuriated off late. The owner of
Super Fight League, Kundra asserted that the sponsors of SFL 1, 2 and
3, poultry product brand, Venkys owe them Rs 7.5 crore that had been
assured to them in the beginning.
As
per Raj, the league approached S Balaji Rao (aka Bala), director of
Venky’s in January 2012 with a proposal to finance three events, SFL 1, 2
and 3. Balaji allegedly sent his company CEO Girija Mungali to talk to
both Dutt and Kundra at the former’s house.
Raj
Kundra claimed that while initially Bala had promised Rs 5 crore in
cash and the rest paid in cheques, the director now apparently denies
ever signing an official agreement to sponsor Kundra’s event even though
Dr Girija completed the official procedure on behalf of both parties,
confirming Venky’s association with the league. The entrepreneur states
that Bala even attended the third round of SFL 3 in Delhi.
Says
a source, “After regular reminders, Kundra had no option but to send a
legal notice.” The copy of the notice rests with MiD DAY. In due course,
Bala retaliated, shooting off a legal notice from his end to the owners
of the fight league.
