Court order to attach Sivaji's house recalled
Chennai:
Madras high court
on Monday recalled its order attaching house of the late actor
Sivaji Ganesan
in a case relating to default on a loan by his son, Ram Kumar, and grandson, Dusshyanth. Justice Abdul Quddhose recalled the order while allowing a plea moved by actor Prabhu claiming that his brother doesn't have any stake in their father's T Nagar house, '
Annai Illam
'.
On March 3, the court passed the attachment order on a plea moved by
Dhanabakkiam Enterprises
to execute a decree in its favour. According to Dhanabakkiam Enterprises, a loan of 3.75 crore was issued to Eshan Productions, represented by Dusshyant and his wife for producing a film 'Jagajala Killadi'. As Dusshyant failed to repay the loan, arbitration proceedings were initiated . A decree was issued in favour of Dhanabakkiam Enterprises to exploit all rights in connection with the film. Since the film could not be completed, the arbitral decree could not be executed by Dhanabakkiam Enterprises, prompting it to move an execution petition to attach Sivaji's house, in which Dusshyant's father, Ram Kumar, holds a share. It wanted the court to execute the arbitral award dated May 4, 2024. During the course of the hearing, the court was informed that Ram Kumar does not hold any stake in the house, and it wholly belongs to Prabhu.
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Court order to attach Sivaji's house recalled
Chennai: Madras high court on Monday recalled its order attaching house of the late actor Sivaji Ganesan in a case relating to default on a loan by his son, Ram Kumar, and grandson, Dusshyanth. Justice Abdul Quddhose recalled the order while allowing a plea moved by actor Prabhu claiming that his brother doesn't have any stake in their father's T Nagar house, ' Annai Illam '. On March 3, the court passed the attachment order on a plea moved by Dhanabakkiam Enterprises to execute a decree in its favour. According to Dhanabakkiam Enterprises, a loan of 3.75 crore was issued to Eshan Productions, represented by Dusshyant and his wife for producing a film 'Jagajala Killadi'. As Dusshyant failed to repay the loan, arbitration proceedings were initiated . A decree was issued in favour of Dhanabakkiam Enterprises to exploit all rights in connection with the film. Since the film could not be completed, the arbitral decree could not be executed by Dhanabakkiam Enterprises, prompting it to move an execution petition to attach Sivaji's house, in which Dusshyant's father, Ram Kumar, holds a share. It wanted the court to execute the arbitral award dated May 4, 2024. During the course of the hearing, the court was informed that Ram Kumar does not hold any stake in the house, and it wholly belongs to Prabhu.
