Begin typing your search...

    Madras HC orders attachment of Sivaji Ganesan's house to compensate non-payment of loan

    Justice Abdul Quddhose issued the attachment order while hearing the execution petition moved by Dhanabakkiam Enterprises seeking to execute the decree issued in his favour.

    Madras HC orders attachment of Sivaji Ganesans house to compensate non-payment of loan
    X

    Madras High Court (File Image)

    CHENNAI: The Madras High Court issued an order to attach a portion of Annai Illam, the house of the popular late ace Tamil actor Sivaji Ganesan, to compensate for the non-payment of the loan amount received by his grandson Dusshyanth Ramkumar.

    Justice Abdul Quddhose issued the attachment order while hearing the execution petition moved by Dhanabakkiam Enterprises seeking to execute the decree issued in his favour.

    The bench also directed that the attachment order be communicated to the sub-registrar office concerned.

    Dhanabakkiam Enterprises is represented by Akshay Sarin, who claimed that he gave Rs 3.75 crore as a loan to Eshan Productions, represented by Dhussyanth and his wife Abirami, for producing the film Jagajala Killadi.

    However, Dusshyanth failed to return the loan amount as promised, alleged Akshay Sarin. Hence, the matter was referred to arbitration, and a decree was issued in favour of Akshay, allowing Dhanabakkiam Enterprises all the rights, including the OTT release of the film Jagajala Killadi. Further, the quantum of money to be returned was fixed at Rs 9.02 crore, including 30 per cent of interest. As the film was not completed, he couldn't execute the arbitral decree, said Akshay.

    Hence, he moved HC, seeking to attach the property at Chevalier Sivaji Ganesan Street in T Nagar from the share of Ram Kumar Ganesan, father of Dusshyanth.

    DTNEXT Bureau
    Next Story