**Executive Summary**
This document is the Tamil Nadu Government Gazette from August 18, 2010. It contains notifications from cost-recoverable institutions of the State and Central Governments. The key notifications include an extension of direct management for a Wakf property and a notice of a winding up order for SPIC Petrochemicals Limited. The extension of direct management is effective from June 24, 2010, to June 23, 2011.
**Key Points / Main Content**
* **Tamil Nadu Wakf Board Notification**
* **Extension of Direct Management:** The Tamil Nadu Wakf Board has extended the period of direct management for Ilayangudi Nesavu Pattadai Tholugai Medai Pallivasal, Ilayangudi, Sivagangai District.
* **Effective Period:** The extension is for one year, from June 24, 2010, to June 23, 2011.
* **Authority:** This action is taken under Section 65 of the Wakf Act 1995, based on a resolution dated July 18, 2010.
* **Judicial Notifications**
* **Winding Up Order:** The High Court of Madras ordered the winding up of M/s. SPIC Petrochemicals Limited under the Companies Act, 1956, in an order dated April 17, 2009.
* **Other Notifications:** Includes notifications of C.A. petitions for various companies in original juridistion.
**Impact Analysis**
**Tamil Nadu Wakf Board**
* **Impact:** Responsible for the continued direct management of the Ilayangudi Nesavu Pattadai Tholugai Medai Pallivasal.
* **Action Required:** Continue direct management operations of the Wakf property until June 23, 2011.
**SPIC Petrochemicals Limited**
* **Impact:** Subject to the winding-up order by the High Court.
* **Action Required:** Undergo the necessary legal procedures for winding up as prescribed by the Companies Act, 1956.
**Shareholders and Creditors of SPIC Petrochemicals Limited**
* **Impact:** Financial interests are directly affected by the winding-up order.
* **Action Required:** Engage with the Official Liquidator and participate in the winding-up process to protect their interests.
**Official Liquidator**
* **Impact:** Appointed to manage the winding-up process of SPIC Petrochemicals Limited.
* **Action Required:** Oversee and execute the winding-up process in accordance with the Companies Act, 1956.
Key Entities Referenced
Tamil Nadu Wakf Board: Governmental organization responsible for the supervision and administration of Wakf properties in Tamil Nadu.
Wakf Act 1995: The central legislation governing Wakfs in India, empowering the Tamil Nadu Wakf Board to manage Wakf properties.
Companies Act, 1956: The legislation under which SPIC Petrochemicals Limited is being wound up.
Chennai: The location where the Wakf Board is located and where legal proceedings related to SPIC Petrochemicals Limited are taking place.
SPIC Petrochemicals Limited: Company being wound up by order of the High Court, Madras