M/S.GEMINI FILM CIRCUIT vs M/S. VENKATESWARA FINANCIERS HYDERABAD PRIVATE LIMITED — SLP(C) No. 11204 - 11206/2025
Case under Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Debt Recovery by Banks, Financial Institutions, Cooperative Banks and Negotiable Instruments [other Than Criminal Prosecution] Section XII. Status: DISPOSED.
CNR: SCIN010296212024
Filing Date
08-07-2024 02:11 PM
Registration No
SLP(C) No. 011204 - 011206 / 2025
Diary Number
29621/2024
Order Date
21-04-2025
Document Type
ROP - of Main Case
Disposal Type
Delay Condoned and matter dismissed(including all pending Ias)
Acts & Sections
Petitioner(s)
M/S.GEMINI FILM CIRCUIT
Adv. NISHANT
Respondent(s)
M/S. VENKATESWARA FINANCIERS HYDERABAD PRIVATE LIMITED
Hearing History
Judge: HON'BLE MR. JUSTICE SURYA KANT and HON'BLE MR. JUSTICE NONGMEIKAPAM KOTISWAR SINGH
FRESH
Fixed Date by Court
| Date | Purpose |
|---|---|
| 21-04-2025 | FRESH |
| 14-02-2025 | Fixed Date by Court |
Orders
Case Summary: SLP(C) No. 011204-011206/2025 The Supreme Court dismissed Gemini Film Circuit's special leave petition challenging the Madras High Court's judgments regarding a Rs. 7.5 crore loan from 2012. The Court upheld the High Court's findings, finding no reason to interfere since the loan, 27% interest liability, and transparent property auction were undisputed and the petitioner failed to honor a settlement reached during earlier proceedings. The Court directed that if the petitioner disputes the calculation of the total payable amount, it may approach the Executing Court after unconditionally depositing its admitted liability, whereupon the Executing Court will determine the actual amount due after hearing both parties. The petitions were disposed of with no opinion expressed on merits. This case analysis is maintained by casestatus.in based on publicly available court records.
Browse Related Cases
Explore other courts