M/S Geetha Arts vs A.Chandrasekaran & Ors

The Supreme Court addressed the appeal against the Madras High Court's order regarding the release of a sum of Rs.5 crores deposited by the appellant in a contractual dispute over the film 'Gajini'. The Court noted that there was no decree in favor of the plaintiff, thus holding that the amount should remain with the Registrar General of the Madras High Court and be invested in a fixed deposit until the appeals are resolved. The Court emphasized that the disbursal of the amount would depend on the outcome of the ongoing appeals, thereby ensuring that the rights of both parties are preserved.