Dismissed¶36

Vishal Krishna Reddy v. Lyca Productions Pvt. Ltd.

Madras HC17 Feb 2026CMP/1460/2026

Case brief

AI extract

What is this about?

Extension of time; deposit condition; interim stay; money decree; OSA(CAD) appeal; CMP dismissed as infructuous; efflux of time; Rs.10 crore deposit; Order XIV Rule 8 O.S. Rules; Section 148 CPC; Section 151 CPC; Madras High Court; Vishal Film Factory; Lyca Productions.

What did the court decide?

No further orders were required to be made in the petition, as it had become infructuous by efflux of time, the eight-week period sought having already expired. ¶34

Vishal Krishna Reddy Vs Lyca Productions Pvt. Ltd. — Madras HC (2026) — LawSathi Research

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CMP No. 1460 of 2026

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

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DATED: 17-02-2026

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CORAM

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THE HON'BLE MR JUSTICE C.V. KARTHIKEYAN

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AND

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THE HON'BLE MR.JUSTICE K.KUMARESH BABU

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CMP No. 1460 of 2026 in OSA(CAD).No.121 of 2025

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Vishal Krishna Reddy The Sole Proprietor of M/s.Vishal Film Factory, No.73, 1^st Street, Kumaran Colony, Vadapalani, Chennai - 600 026.

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..Appellant(s)

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Lyca Productions Pvt. Ltd Rep. by its Authorised Signatory, Mr.Neelakant Narayanpur, No.55 Vijayaraghava Road, T.Nagar, Chennai 600 017.

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..Respondent(s)

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Prayer : Judge’s Summon filed under Order XIV Rule 8 of the O.S. Rules, read with Section 148 of C.P.C., and Section 151 of Civil Procedure Code, praying to extend the time for the petitioner ordered on 24.11.2025 in CMP.No.28183 of 2025 in the above Case in OSA(CAD).No.121 of 2025.

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https://www.mhc.tn.gov.in/judis

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CMP No. 1460 of 2026

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For Appellant(s): Mr.A.K.Sriram (Senior Counsel)

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For M/s. M.Arun

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For Respondent(s): Ms.Umayaparvathi

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For M/s.Hema Srinivasan

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ORDER

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(Order of the Court was made by K.Kumaresh Babu J.)

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The civil miscellaneous petition has been filed to extend the time granted

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to comply with the directions as ordered on 24.11.2025 in CMP.No.28183 of 2025 in the above Case in OSA(CAD).No.121 of 2025.

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The petition had been taken out by the petitioner, who is the appellant, seeking for extension of time to comply with the interim order of stay granted by this Court on 24.11.2025.

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The petitioner had suffered a money decree, against which the present appeal had been filed and the Coordinate Division Bench of this Court, by its order dated 24.11.2025, had granted interim stay of all further proceedings pursuant to the judgment and decree impugned in this appeal on condition that the appellant deposits Rs.10,00,00,000/- (Rupees Ten Crores only) to the credit of the suit within a period of four weeks.

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https://www.mhc.tn.gov.in/judis

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CMP No. 1460 of 2026

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However, expressing inability to mobilize funds, the petitioner had

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filed the present petition, seeking extension of time by a period of eight weeks for complying with the order dated 24.11.2025. It is to be noted that the said

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petition had been taken out by the petitioner on an affidavit sworn on 18.12.2025 and even by efflux of time as of today, the period of eight weeks has expired.

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In such view of the matter, we are of the view that no further orders are required to be made in this petition, as the petition had become infructuous by efflux of time.

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