Big Budget Producer V Ravichandran’s property has been seized by the Indian Overseas Bank in Chennai. The property which was worth of 96 plus crore has been seized for failing to clear the debts. After giving several warnings, Indian Overseas Bank seized Aascar Ravichandran’s properties. As per bank sources He was given many opportunities to pay back the loan amount, but he failed. Hence the bank attached and has now seized all his properties.