Dubai: The cheque bounce case against BDJS leader Thushar Vellappally at Ajman in UAE is yet to reach a conclusion as the plaintiff Nazil Abdulla demanded 30 lakh Dirhams (approximately Rs 6 crore) to withdraw the case. However, Thushar has informed that he can give only half the amount.
Nazil demanded the amount during the out of court settlement discussions. But Thushar said that the amount is too high and that he had not made such huge business deals with Nazil. Thushar also said that he can give only Rs 3.5 crore maximum. Meanwhile, Nazil repeated that he will not withdraw the case if he is not paid 30 lakh Dirhams.
The business friends of Thushar and Nazil are proceeding with out of court settlement discussions to reach an agreement on the amount. Nazil has made it clear that the Rs 3.5 crore offered by Thushar is insufficient. Thushar is firm on his stand that he will not give Rs 6 crore as demanded by Nazil.
At present, Thushar is planning to legally deal with the case if he could leave UAE after getting exemptions in the bail conditions. He is also trying to surrender the passport of a UAE citizen in order to leave the country. But Nazil is attempting to prevent this move in the Ajman court.