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Netizens React After Bank Withdraws E-Auction Of Gadar 2 Actor, Sunny Deol’s Juhu Bungalow

Netizens React After Bank Withdraws E-Auction Of Gadar 2 Actor, Sunny Deol’s Juhu Bungalow

Aug 21, 2023

In a surprising turn of events, the Bank of Baroda has withdrawn the e-auction notice for actor-politician Sunny Deol’s Juhu bungalow, citing ‘technical reasons’. The bank had earlier issued the notice to recover a loan of around Rs 56 crore that the Gadar 2 star had allegedly defaulted on.


What Was Sunny Deol’s Loan For?

According to the notice, Sunny Deol had borrowed Rs 55.9 crore from the Bank of Baroda in December 2022 for his company Sunny Sounds Pvt Ltd, which produces films and operates a studio in his Juhu villa. The loan was secured by mortgaging the property, which is named Sunny Villa and has an area of 599.44 sq m. The notice also mentioned that Sunny’s father Dharmendra, brother Bobby Deol, and Sunny Sounds Pvt Ltd were the guarantors and corporate guarantor for the loan.


Bank Withdraws E-Auction Notice: Sunny Deol’s Bungalow Not On Sale

The bank had published the e-auction notice in a national newspaper on Sunday, August 20, 2023, inviting bids for the property with a reserve price of Rs 51.4 crore and an earnest money deposit of Rs 5.14 crore. The online auction was scheduled to take place on August 25, 2023.

However, on Monday, August 21, 2023, the bank issued a corrigendum, stating that the sale notice was withdrawn due to technical reasons. The bank did not specify what the technical reasons were or whether the loan issue was resolved with Sunny Deol.

The corrigendum (an error to be corrected) comes a day after the BoB issued the e-auction notice. “Sale Notice in respect of Mr Ajay Sing Deol alias Mr Sunny Deol Stands Withdrawn due to Technical Reasons…” it read.


How Did Sunny Deol’s Team React?

Sunny Deol’s team had confirmed the auction notice on Sunday but had claimed that the amount mentioned was not correct and that the actor would clear the dues in a day or two. They had also said that there was no dispute between Sunny Deol and the bank and that the matter was being sorted out amicably.


Rumours of Akshay Kumar Saving Sunny Deol’s Bungalow From Auction

A report by Bollywood Hungama read, “Akshay Kumar had a meeting with Sunny Deol on Sunday, August 20, hours after the news of the notice spread like wildfire. He immediately decided to help the Gadar 2 (2023) actor. As part of the deal, Akshay Kumar will be paying a huge chunk of the debt. Sunny Deol will then repay the loan to Akshay Kumar in a stipulated time. The next step for Sunny Deol is to immediately initiate a meeting with the bank officials.”

(Also read: Sunny Deol Rubbishes Rumours About Border 2 and other films: ‘Currently I’m concentrating on Gadar 2)

The news of Akshay helping Sunny has come just days after their recently released clashed at the box office. Akshay starrer OMG 2 was released alongside Sunny’s Gadar 2.

According to Sunny Deol‘s manager, the reports of Akshay Kumar helping the former is untrue. “Completely untrue and false, ” said Sunny’s manager.


Netizens React After Bank Withdraws The Notice

The news of Sunny Deol’s bungalow being auctioned by the bank had created a buzz on social media, with many users expressing their shock and sympathy for the actor. Some also made jokes and memes about his famous dialogues and scenes from his movies.

(Also read: EXCLUSIVE: Gadar 2 Crosses 376 Cr With Only 40% Drop From 1st Weekend! Records Galore With Highest Ever 2nd Friday, Saturday And 2nd Weekend)

However, after the bank withdrew the notice, netizens were curious about what led to the sudden change of decision. Some speculated that it was due to political pressure or influence from other Bollywood stars. Some also made sarcastic comments about the ‘technical reasons’ cited by the bank.

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