The game Batman - The Movie works as expected when you manually select the program to bootup.

However, it enters an endless crash loop when a .m3u file is created with the following structure:

#define EXTM3U
#AUTO:A:\Batman.TOS
#RES:med
.Batman - The Movie/Batman - The Movie.zip

(it also happens if instead of using a zip file containing the ROM you use the .st ROM one)

I'm attaching a zip file with the ROM and m3u file structure used.

Batman - The Movie.zip