SC dismisses contempt plea against Ansal brothers

The Supreme Court has dismissed the contempt petition filed against the Ansal brothers, owners of Uphaar Cinema by the Association of Victims of Uphaar Tragedy (AUVT). A bench of Justices P P Naolekar and V S Sirpurkar dismissed the petition on Wednesday after concurring with the Ansal brothers' defence that the cinema property was not mortgaged to a third party. It was alleged by the AUVT that the cinema house had mortgaged the property to the HDFC Bank for raising capital for the Ansal Properties and Infrastructure Limited. But senior counsel P P Rao appearing for the cinema owners submitted records to prove that the property was mortgaged to the HDFC bank for raising a loan of Rs three crore to pay compensation to the victims of the fire tragedy. In the all 59 cinegoers were killed in the fire tragedy in the cinema hall in 1997.

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