Delhi High Court warns Reliance Entertainment officials of jail in Rs 168 crores dispute with T-Series The Delhi High Court has held Reliance Entertainment and its officials guilty of contempt for failing to comply with earlier court orders in a financial dispute with T-Series. Justice Manmeet Pritam Singh Arora ruled that the company had wilfully disobeyed previous directions requiring it to deposit payments owed to Super Cassettes Industries Private Limited, which operates the T-Series brand. The court ordered three company representatives to undergo four weeks of simple imprisonment if the outstanding dues are not cleared within two weeks. To allow Reliance Entertainment an opportunity to settle the matter, the Bench suspended the prison sentence for two weeks. However, the officials have been directed to appear before the Joint Registrar on March 16, 2026, and furnish bail bonds of Rs 1 lakh each with a surety of the same amount. The court stated that if the payments are made within the two-week window, the prison sentence will be remitted and the bail bonds discharged. The case stems from a loan agreement signed in 2021, under which T-Series lent Rs 168 crores to Reliance Entertainment to partially finance six films. As per the agreement, the music label was also entitled to interest at 12. 5 percent along with a share of the revenue generated by the projects. Subsequently, T-Series approached the court seeking recovery of around Rs 60 crores, alleging that Reliance E... #Delhi #High_Court #Delhi_High #Private_Limited #High #Reliance_Entertainment #financial_dispute #warns_Reliance #held_Reliance #Manmeet_Pritam
ISL media rights valuation drops by 97% from previous seasonThe current valuation is a significant drop from the last two seasons when Viacom18 Media Private Limited secured the media rights for a total fee of Rs. 550 crore. The current valuation is a significant drop from the last two seasons when Viacom18 Media Private Limited secured the media rights for a total fee of Rs. 550 crore. #ISL #Private_Limited #ISL_media #Media_Private #Limited_secured #media #previous_seasonThe #total_fee #significant_drop #Private
