Case of Lakshmi Hotel Pvt Ltd vs Sriram City Union Finance Ltd, SC Judgement Dated 18th November 2025. The dispute dates back to 2006, when the Chennai-based hotel company borrowed a total of Rs 1.57 crore from the NBFC. The loans carried 24% annual interest-high, but not unusual for risky commercial lending. The arbitrator, passed an award in 2014 directing the hotel to pay the amount plus 24% interest. The apex court dismissed the appeal, upholding all previous findings and allowing the 24% interest rate to stand.