Dismissed

M/S.Gemini Film Circuit v. M/S.Venkateswara Financiers

Madras HC22 Oct 2021OSA/43/2020

Case brief

AI extract

What is this about?

The High Court of MadRAS dismissed the second appeal (OSA No.43 of 2020) filed against a decree in Civil Suit No.99 of 2018. The court held the appeal to be devoid of merit, confirmed the original judgment and decree, and directed the appellants to pay costs to the respondents.

What did the court decide?

The appeal was dismissed; the impugned judgment and decree were confirmed; and the appellants were directed to pay costs assessed at Rs.25 lakh.

M/S.Gemini Film Circuit Vs M/S.Venkateswara Financiers — Company and Corporate | Madras HC (2021)

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

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FRIDAY, THE TWENTY SECOND DAY OF OCTOBER TWO THOUSAND AND TWENTY ONE

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PRESENT:

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THE HON'BLE THE CHIEF JUSTICE MR.SANJIB BANERJEE, AND

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THE HON'BLE MR.JUSTICE P.D.AUDIKESAVALU

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OSA No.43 of 2020

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M/s.Gemini Film Circuit, Rep. by its Managing Partner,

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A.Manohar Prasad

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A.Sai Siva Jyothi

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A.Lakshmi Anandi

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A.Anand Prasad

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Kovelamudi Bapaiah

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A.Chandini

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Kiran Parvataneni ... Appellants/ Defendants

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-vs-

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M/s.Venkateswara Financiers Hyderabad Private Limited, Rep. by its Managing Director, Mr.A.Venkatesh Reddy, H.No.8-2-269/S/90, Plot No.90, Sagar Co-operative Housing Society, Road No.2, Banjara Hills, Hyderabad – 500 034.

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M/s.Gemini Industries & Imaging Limited, Rep. by its Managing Director, Mr.A.Manohar Prasad, 28, New Bangaru Colony, West K.K.Nagar, Chennai 600 078. ... Respondents/ Plaintiffs

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Prayer: Appeal filed under Order XXXVI Rule 1 of OS Rules read with Clause 15 of the Letters Patent Appeal against the judgment and decree of the original side of this court in Civil Suit No.99 of 2018 dated 04.12.2019.

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DECREE: This Second Appeal Coming on for hearing on this day upon perusing the Grounds of Appeal, the Judgment and Decrees of the Appellate Court and the Court of First instance and the material papers in the suit and upon hearing the arguments of Mr.V.Prakash, Senior Counsel for Mr.G.Rajesh for the Appellants

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https://hcservices.ecourts.gov.in/hcservices/

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and of Mr.M.Balaji Caveator for R1 Mr.Krishna Ravindran for the 2^nd Respondent this Court dismissing the original Second appeal as being completely deviod of merit doth order and decree as follows:

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That the Judgment and decree dated 04.12.2019 made in

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C.S.No.99/2018 be and hereby are confirmed.

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That the Appellants / Defendants shall pay costs assessed at Rs.25 lakh to the respondent/Plaintiff in addition to whatever is due in terms of the decree of CS 99/2018.

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Sd/-

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Assistant Registrar(CCC)

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//True Copy//

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Sub Assistant Registrar

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sra

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To:

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The Sub Assistant Registrar Original Side High Court, Madras.

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+1cc to Mr.M.Balaji, Advocate Sr.54594 (03/01/2022) +2cc to Mr.G.Rajesh, Advocate Sr.54596(03/01/2022)

DATED: 22/10/2021

DECREE

OSA No.43 of 2020

Dismissing the original Second Appeal preferred against the Judgment and decree dated 04.12.2019 passed in CS No.99/2018, and etc., as stated therein.

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RLD (CO) SB(29/12/2021)

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https://hcservices.ecourts.gov.in/hcservices/

M/S.Gemini Film Circuit v. M/S.Venkateswara Financiers

Case brief

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M/S.Gemini Film Circuit v. M/S.Venkateswara Financiers

Case brief

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