PNC wins partial court order in Saboo Films case, files appeal in Bombay HC
PNC · price
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City Civil Court Mazgaon ruled Saboo Films to pay PNC about Rs 2.47 crore plus 18 percent yearly interest on Rs 1.5 crore principal within 3 months. Order passed Oct 31, 2025. PNC has appealed to Bombay High Court because the decree only binds Defendant 1 Saboo Films and frees Defendant 2 Mrs Rita Rawail. PNC wants joint recovery from both. Company says the order is largely in its favour with no material financial or operational impact.
Recovery is modest and order is mostly in PNC's favour. Appeal aims to widen liability to Defendant 2, not challenge the win, so near-term impact is limited.