Bharath Kumar Huf And 2 Others v. Jayaram Kotapadi And Another
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 23.01.2026 CORAM :
THE HONOURABLE MR.JUSTICE C.SARAVANAN 1.BHARATH KUMAR HUF Represented by its Kartha Mr.Bharath Kumar Son of Ramlal Ranka, Aged about 45 years, Office / residence at Flat No.1701, 1 Block, KLP Abhinandan Apartments, No.1,30, Perambur Barracks Road, Jai Nagar, Pattalam, Choolai, Chennai - 600 012.
2. G RAMLAL RANKA & SON HUF Represented by its Kartha Mr.Bharath Kumar S/o.Ramlal Ranka, Aged about 45 years, Office / residence at Flat No.1701, 1 Block, KLP Abhinandan Apartments, No.1,30, Perambur Barracks Road, Jai Nagar, Pattalam, Choolai, Chennai - 600 012.
3. VIKRAM RANKA HUF Represented by its Kartha Mr.Vikram Ranka Son of Ramlal Ranka, Aged about 37 years, Office / residence at Flat No.1701, 1 Block, KLP Abhinandan Apartments, No.1,30, Perambur Barracks Road, Jai Nagar, Pattalam, Choolai, Chennai - 600 012.
... Petitioners Vs.
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1.JAYARAM KOTAPADI, Proprietor of M/s.KJR STUDIOS, Having office at No:5, 4th Floor, Rapid Skyline, #8/14, Sri Krishnapuram Street, Royapettah, Chennai - 600 014.
2. RAJESH JAYARAM KOTAPADI, Son of Mr.Jayaram Kotapadi, Authorised signatory for M/s.KJR STUDIOS, Having office at No:5, 4th Floor, Rapid Skyline, #8/14, Sri Krishnapuram Street, Royapettah, Chennai - 600 014.
... Respondents Prayer: Contempt Petition filed under Section 11 of Contempt of Court Act, 1971, to punish the Respondents for the daring, wilful and wanton violations of the orders of this Court dated 11.01.2024 in O.A.No.4 of 2024. For Petitioners : Mr.Tarang K.Sancheti For M/s.T.Saikrishnan, R.Saravanan, G.Lavanya For Respondents : Mr.T.Praveen ***************
O R D E R
The second respondent has filed an affidavit dated 13.02.2025, wherein, in paragraphs 4 and 5, it has been stated as follows: "4. I state that as per the Joint Compromise Memo entered between the Petitioners and the 2nd Respondent, the balance payable to the petitioners is sum of Rs.INR.4,00,00,000/- and the petitioners can realise the amount by selling the above mentioned property attached in the Loan Agreement dated 18.02.2020 and the balance payable if any can be 2/5
realised through the revenue collected from the movie titled "Aalambana" which is yet to te released on March 7th 2025. The movie is free from any attachments or encumbrance and the respondents herein with bona fide intention to settle the due payable to the petitioners herein as per Joint Compromise Memo, has come forward with the above mentioned proposal, since the respondents herein have any other sources to the settle the due payable to the petitioners herein.
5. Therefore, the petitioners herein are at liberty to sell the above mentioned property worth about INR.3,43,66,150/- and the balance payable if any shall be relaised from the revenue collected from the movie titled "Aalambana" releasing on 07.03.2025. It is relevant to state that, as per the Joint Compromise Memo, the respondents herein have to pay a sum of INR.5,00,00,000/- out of which INR.1,00,00,000/- is yet to be realised through above arrangement. I am hereby undertaking that the said property and the movie title "Aalambana" is free from encumbrance and attachments."
2. In light of the above, this contempt petition is closed with liberty to the petitioners to proceed in accordance with the affidavit filed by the second respondent. No costs.
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To:
1.JAYARAM KOTAPADI, Proprietor of M/s.KJR STUDIOS, Having office at No:5, 4th Floor, Rapid Skyline, #8/14, Sri Krishnapuram Street, Royapettah, Chennai - 600 014.
2. RAJESH JAYARAM KOTAPADI, Son of Mr.Jayaram Kotapadi, Authorised signatory for M/s.KJR STUDIOS, Having office at No:5, 4th Floor, Rapid Skyline, #8/14, Sri Krishnapuram Street, Royapettah, Chennai - 600 014.
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C.SARAVANAN, J.
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