Defaulters take advantage of judicial system because courts do not impose costs: Madras High Court

"There is no doubt that the appellants here took advantage of the system and its delays in dragging the matter over a long period," the Court noted.
Defaulters take advantage of  judicial system because courts do not impose costs: Madras High Court
Madras High Court

The Madras High Court on Friday imposed costs of ₹25 lakh on a film production studio upon noting that it had needlessly dragged on a case before the Court for months, while making false promises to repay amounts owed by it (M/s.Gemini Film Circuit and ors v. M/s.Venkateswara Financiers and anr).

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