Mediaone Global Entertainment Limited, the co-producers of Superstar Rajinikanth's Kochadaiiyaan, have been in the news for some issues related to their financial position. The company had borrowed Rs. 20 crores from Exim bank with Mrs. Latha Rajinikanth and Dr. Devendar C.R. signing for the loan as guarantors. However, the bank had approached the guarantors to repay the loan and this created some issues. However, Mediaone has released a press statement claiming that it was wrong on the bank's part to have approached the guarantors, as they have the capacity and business to repay the loan themselves.

The company has not defaulted the interest payment until June 2014, however they are now discussing with the bank to restructure the loan repayment due to certain cash flow issues. They are in the process of clearing the loan on or before 31st Mar 2015 and various discussions have been held in Dec 2014 with the bank. While the company (the principal borrower) is making arrangements to repay the loan, they have stated that it is not warranted to call the guarantors Mrs. Latha Rajinikanth and Dr. Devendar C.R. We hope that this issue gets resolved amicably, soon.