Latest news with #DhanabakkiamEnterprises
The Hindu
25-06-2025
- Business
- The Hindu
Row over Sivaji Ganesan's bungalow ends with Ram Kumar making final settlement of ₹2.85 crore
The row over thespian 'Sivaji' Ganesan alias V.C. Ganesan's sprawling bungalow Annai Illam at T. Nagar in Chennai has ended, with his elder son G. Ram Kumar permanently discharging himself from all liabilities, due to a finance firm, on final payment of ₹2.85 crore. The Madras High Court's first Division Bench comprising Chief Justice K.R. Shriram and Justice Sunder Mohan disposed of an original side appeal filed by Dhanabakkiam Enterprises after recording a joint compromise memo filed on behalf of both litigants. The appeal had been filed against an order passed by a single judge on April 21, 2025, lifting the attachment of the bungalow since it was owned entirely by the late thespian's younger son G. Prabhu, and the elder son had completely relinquished all his rights over the property. Pending adjudication of the appeal, it was represented before the Division Bench that the parties sat across the table and resolved all issues pending between them with respect to the loan obtained by Mr. Ram Kumar's son R.G. Dusshyanth for producing a movie titled Jagajaala Killadi. As per the agreement reached between them, the debtors had handed over a demand draft for ₹2.85 crore to the finance firm on June 12, 2025, and the latter, in turn, had agreed to withdraw all cases pending not only before the Madras High Court but also before Metropoligan Magistrate courts. After recording the joint compromise memo signed by the counsel from both sides, the Division Bench diposed of the appeal by accepting the contents of the memo as an undertaking given to the court.
New Indian Express
24-06-2025
- Business
- New Indian Express
Sivaji Ganesan bungalow case: Financing firm withdraws plea
CHENNAI: The appeal against an order lifting attachment of parts of the T Nagar bungalow of late actor Sivaji Ganesan was withdrawn by the film financing firm Dhanabakkiam Enterprises following an out of court settlement of the money dispute between the firm and the actor's son Ramkumar and grandson Dusshyanth . The counsel for the finance company on Monday requested the first bench of Chief Justice KR Shriram and Justice Sunder Mohan to permit withdrawal of the appeal since an out of court settlement was reached between both parties. Subsequently, the bench disposed of the case. The appeal was filed against the order of the single judge (Justice Abdul Quddhose) passed on April 21, 2025 lifting another order to attach parts of the bungalow extending to 13,310 sq ft out of the sprawling 22 grounds and 440 sq ft bungalow and plot, for default of a loan availed by Ramkumar's son Dusshyanth Ramkumar. Dusshyanth had borrowed Rs 3.74 crore for his company, Eshan Productions, from Dhanabakkiam Enterprises in 2017 for meeting the expenses of production of the movie 'Jagajala Killadi'. When the money was not returned as per the agreement, the lender approached the court and an arbitrator was appointed. On May 5, 2024, he passed an order for payment of Rs 9.02 crore including interest. However, this order was not complied with. Dhanabakkiam Enterprises filed the execution petition seeking orders for attachment of properties as the judgment-debtors owe an outstanding amount of Rs 9.39 crore. However, Ramkumar's brother Prabhu filed an application in the court praying for lifting the attachment on the ground that the former did not have ownership in the bungalow and he was the sole owner. Allowing this application, the court lifted the attachment order.
New Indian Express
22-04-2025
- Business
- New Indian Express
Madras HC lifts attachment order on Sivaji Ganesan's house
CHENNAI: The Madras High Court has lifted its order to attach parts of the late actor Sivaji Ganesan's bungalow in a loan default case involving his son Ramkumar Ganesan and grandson Dusshyanth Ramkumar. Justice Abdul Quddhose passed the order on Monday while allowing an application filed by Ramkumar's brother and actor Prabhu Ganesan, who claimed full ownership of the property. The court, on February 10, issued the order based on an execution petition filed by Dhanabakkiam Enterprises. The firm had lent Rs 3.74 crore in 2017 to Dusshyanth's company, Eshan Productions, to finance the movie 'Jagajala Killadi'. As the loan was not repaid, the firm approached the court and an arbitrator was appointed. On May 5, 2024, the arbitrator directed payment of Rs 9.02 crore, including interest. The order was not complied with, prompting Dhanabakkiam Enterprises to seek attachment of properties for recovery of Rs 9.39 crore. However, Prabhu approached the court stating that he is the sole owner of the bungalow and that Ramkumar has no share in the property. He submitted documents to support his claim. Following this, the court directed Ramkumar to file an affidavit, in which he confirmed he holds no stake in the bungalow. Going through the documents submitted, Justice Quddhose said, 'For the foregoing reasons, it is clear the applicant (actor Prabhu) is undoubtedly the absolute owner of the attached property and the respondents/judgment debtors do not have any right, title or interest in it.'
Time of India
21-04-2025
- Entertainment
- Time of India
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.
