• 2 years ago
విశాక ఇండస్ట్రీస్ కు 6వారాల్లో రూ.17.5 కోట్లు చెల్లించాలని HCA కు హైకోర్టు ఆదేశం | V6 News

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Transcript
00:00 HCA has ordered the High Court to pay Rs. 17.5 crore to Visakha Industries by 6 weeks.
00:12 In 2004, Visakha Industries sponsored the construction of Uppal Stadium.
00:17 HCA has cancelled the sponsorship agreement between Visakha Industries.
00:22 In 2016, the court ordered the Visakha Industries to pay Rs. 25 crore to Visakha Industries for the annual interest of the West Coast.
00:33 HCA has attached the bank accounts to the commercial court in October 2022, to defreeze the bank accounts.
00:47 In the same way, the court has ordered the HCA to pay Rs. 17.5 crore to Visakha Industries by 6 weeks.
01:02 In 2004, Visakha Industries sponsored the construction of Uppal Stadium.
01:07 HCA has cancelled the sponsorship agreement between Visakha Industries.
01:12 In 2016, the court ordered the Visakha Industries to pay Rs. 25 crore to Visakha Industries for the annual interest of the West Coast.
01:23 HCA has attached the bank accounts to the commercial court in October 2022, to defreeze the bank accounts.
01:37 HCA has ordered the Visakha Industries to pay Rs. 17.5 crore to Visakha Industries by 6 weeks.
01:46 The HCA has issued a CRP on the attachment and order.
01:56 In 2016, the HCA has issued an attachment order to Visakha Industries.
02:02 The attachment order has been passed.
02:05 The amount has not been paid since 2016.
02:08 The attachment order has been passed.
02:11 After the attachment order has been passed, the HCA has filed a CRP without paying the amount.
02:18 The HCA has ordered the Visakha Industries to pay Rs. 17.5 crore to Visakha Industries by 6 weeks.
02:27 The court has ordered the Visakha Industries to pay the rest of the amount by 4 days.
02:35 In 2014, the Hyderabad Cricket Association has asked the HCA for sponsorship of Visakha Industries.
02:48 No one has come forward to sponsor the stadium.
02:55 Visakha Industries has taken a loan from the bank and has given funds to the Hyderabad Cricket Association.
03:03 Visakha Industries has given rights to the Hyderabad Cricket Association.
03:09 Visakha Industries has given rights to the Hyderabad Cricket Association.
03:16 Visakha Industries has signed an agreement with the Hyderabad Cricket Association.
03:23 Visakha Industries has cancelled the agreement.
03:28 Visakha Industries has cancelled the agreement.
03:33 Visakha Industries has cancelled the agreement.
03:38 Visakha Industries has cancelled the agreement.
03:42 Visakha Industries has cancelled the agreement.
03:46 Visakha Industries has cancelled the agreement.
03:50 Visakha Industries has cancelled the agreement.
03:54 The Hyderabad Cricket Association has gone to the commercial court.
03:58 They have said that they are appealing to us.
04:02 But they have not stayed anywhere.
04:05 The commercial court has given an attachment order to the Hyderabad Cricket Association.
04:12 It was given in October 2022.
04:17 The Supreme Court has given the attachment order to the Hyderabad Cricket Association.
04:25 Even though the Hyderabad Cricket Association has an attachment order,
04:31 they have not stayed anywhere.
04:34 They have given the attachment order to the Hyderabad Cricket Association.
04:40 Even though the Hyderabad Cricket Association has an attachment order,
04:47 they have not stayed anywhere.
04:50 They have given the attachment order to the Hyderabad Cricket Association.
04:55 We are asking them to settle this matter soon.
05:00 The Hyderabad Cricket Association has not been against the arbitration award.
05:07 They have signed the agreement.
05:10 The court has given the order.
05:13 It would be good if Mr. Nageshwara takes a decision soon.
05:18 What are the updates on the court's decision?
05:23 In 2004, the LB Stadium was small and the capacity was not sufficient.
05:30 The SCA decided to build an international stadium with international standards.
05:37 Many companies were looking for sponsorship.
05:41 But no one came forward to sponsor the new stadium.
05:46 At that time, Vishaka Industries also came forward to build an international stadium.
05:54 The SCA took a loan from a bank and gave the funds to the Hyderabad Cricket Association.
06:00 At that time, they built the LB Stadium.
06:03 The SCA and Vishaka Industries signed an agreement.
06:08 According to the agreement, Vishaka Industries had some rights over the stadium.
06:14 The agreement will continue for a few days.
06:17 After that, the SCA cancelled the agreement.
06:20 The SCA went to the court to cancel the agreement.
06:25 In 2016, the court said that the agreement should be broken.
06:36 The SCA should compensate the company.
06:40 The SCA was asked to compensate 25 crores to the company.
06:44 The SCA was asked to compensate 25 crores to the company.
06:52 The company was given 18% interest per annum.
07:00 The SCA was asked to compensate 25 crores to the company.
07:06 After the SCA gave the order, the SCA did not give the funds to Vishaka Industries.
07:16 The agreement was also cancelled.
07:18 The SCA went to the commercial court.
07:24 In October 2022, the commercial court did not give the funds to Vishaka Industries.
07:31 The SCA attached all the properties to the SCA.
07:36 The SCA also freezed all the bank accounts.
07:39 The SCA said that the SCA will pay the funds to the SCA.
07:43 The SCA said that the SCA will defreeze all the bank accounts.
07:47 The SCA also attached all the properties to the SCA.
07:52 The SCA also attached all the properties to the SCA.
07:54 The SCA gave the order to the commercial court in October 2022.
07:57 The SCA did not go to the commercial court.
08:02 The SCA did not go to the commercial court.
08:05 The SCA appealed to the High Court to defreeze all the bank accounts.
08:11 The SCA appealed to the High Court.
08:13 The SCA appealed to the High Court.
08:15 The Chief Justice of the SCA said that the SCA should pay the funds to Vishaka Industries.
08:23 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:31 The SCA did not pay the funds to Vishaka Industries.
08:33 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:35 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:37 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:39 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:41 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:43 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:45 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:47 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:49 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:51 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:53 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:55 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:57 The SCA said that the SCA should pay the funds to Vishaka Industries.
08:59 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:01 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:03 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:05 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:07 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:09 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:11 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:13 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:19 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:21 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:23 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:25 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:27 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:29 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:31 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:33 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:35 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:37 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:39 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:41 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:43 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:45 The SCA said that the SCA should pay the funds to Vishaka Industries.
09:47 The SCA said that the SCA should pay the funds to Vishaka Industries.

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