**Executive Summary**
This document is a notification published in the Tamil Nadu Government Gazette regarding a petition for winding up M/s. V.R. Textiles Private Limited. The petition was presented to the High Court at Madras on June 2, 2016, by Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company, a creditor. The hearing is scheduled for July 13, 2017.
**Key Points / Main Content**
* **Petition Details:**
* The petition concerns the winding up of M/s. V.R. Textiles Private Limited.
* The petition was filed under the Companies Act, 1956.
* The Court case is designated as C.P. No. 271 of 2016 [Roc. No. 4238/2017 (O.S.)].
* The petitioner is Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company.
* The respondent is M/s. V.R. Textiles Private Limited.
* The original petition was presented on June 2, 2016.
* **Hearing Information:**
* The hearing is scheduled at the High Court at Madras on July 13, 2017.
* **Notice Requirements:**
* Anyone intending to support or oppose the petition must notify the Petitioner or their Advocate of their intention, including their name and address.
* This notice must reach the Petitioner or their Advocate at least 5 days before the hearing date (July 13, 2017).
* A copy of the petition will be provided to any creditor or contributory on payment of prescribed charges.
* Any opposing affidavit must be filed in court and served to the petitioner or their advocate at least 5 days prior to the hearing.
**Impact Analysis**
**M/s. V.R. Textiles Private Limited**
* **Impact:** As the respondent company, it faces the potential winding up of its operations.
* **Action Required:** The company must respond to the petition, likely by engaging legal counsel to represent its interests in the High Court at Madras, and by preparing an opposing affidavit if contesting the petition.
**Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company**
* **Impact:** As the petitioner, it has initiated legal proceedings to wind up the respondent company.
* **Action Required:** He is required to attend the hearing on July 13, 2017, and be prepared to present its case. He must also ensure that all notices are given to interested parties as directed in the notice.
**Creditors and Contributories of M/s. V.R. Textiles Private Limited**
* **Impact:** They may be affected financially by the winding up of the company.
* **Action Required:** If they wish to support or oppose the petition, they must provide notice to the petitioner or their advocate at least 5 days prior to the hearing, and they may choose to appear at the hearing on July 13, 2017.
Key Entities Referenced
High Court of Judicature at Madras: Court where the winding up petition is being heard.
Companies Act, 1956: Act under which the winding up petition is filed.
Tamil Nadu: The state where V.R. Textiles Private Limited is located and where the winding up proceedings are taking place.