Today, Sivaji Ganesan’s influence in Southern cinema remains a treasured inheritance. Not long ago, news outlets buzzed with reports that the high court in Madras had mandated the seizure of his substantial property in Chennai due to an unpaid loan dispute involving his family.
As a lifestyle expert, I’d share this information in a way that highlights both the legal issue and the film connection:
“I recently learned about an interesting turn of events in the world of Tamil cinema. You see, the decision to seize a property once belonging to a legendary actor was made due to a financial predicament faced by his grandson, Dusshyanth, and his wife, Abirami. This challenge arose during the production of their movie, Jagajaala Killadi, starring Vishnu Vishal and Nivetha Pethuraj.
In their own production company, Eesan Productions, Sivaji Ganesan’s grandson and his wife were in charge of producing this movie. As partners, Dusshyanth and Abirami received a loan amounting to approximately Rs 3.74 crore from a private firm for the film’s funding, with the agreement that they would repay it along with an interest rate of 30%.
But when the loan went unpaid, the company resorted to legal measures by involving Justice Ravindran as a mediator in court. He ruled that the rights to the movie should be sold to the managing director of the private firm to recoup the outstanding loan sum of Rs 9.2 crore, including accumulated interest.
Any remaining amount was to be lawfully returned to the production house.
Yet, the representatives for the production company, acting on behalf of Sivaji Ganesan’s grandson, declined to transfer the movie rights, stating that the project was still in progress and not fully completed.
Consequently, the private entity turned to the Madras High Court for aid, which subsequently mandated the seizure of a section of Sivaji Ganesan’s Chennai property for public auction. This action is aimed at recouping the entire debt, including accrued interest.
In simpler terms, the judge from the Madras High Court commanded the confiscation of a part of Sivaji Ganesan’s home, pointing out that the delegates from Eesan Productions neglected to submit a counter-claim even after being granted sufficient time to do so.
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2025-03-04 12:53