**Executive Summary**
This document is a notification published in the Tamil Nadu Government Gazette on January 25, 2017, regarding a petition for the winding up of M/s. Klen & Marshalls Manufacturers & Exporters Limited. The petition, filed by The Bank of Tokyo-Mitsubishi UFJ, Ltd., will be heard on February 7, 2017. Parties intending to support or oppose the petition must notify the petitioner or their advocate at least 5 days before the hearing.
**Key Points / Main Content**
* **Petition Details:**
* A petition has been presented to the High Court at Madras for the winding up of M/s. Klen & Marshalls Manufacturers & Exporters Limited.
* The petitioner is The Bank of Tokyo-Mitsubishi UFJ, Ltd., acting as a creditor.
* The petition was presented on October 3, 2016 and admitted on December 20, 2016.
* The case number is C.P.No. 376 of 2016.
* **Hearing Information:**
* The hearing is scheduled for February 7, 2017.
* **Action for Interested Parties:**
* Any creditor, contributory, or other person who wishes to support or oppose the petition must:
* Send their name and address to the petitioner or their advocate to be received at least 5 days before the hearing date.
* Appear at the hearing in person or by their advocate.
* A copy of the petition can be obtained from the undersigned by any creditor or contributory on payment of the prescribed charges for the same.
* Any affidavit intended to be used in opposition to the petition should be filed in court and a copy served on the petitioner or its advocate not less than 5 days before the date fixed for the hearing.
**Impact Analysis**
**Klen & Marshalls Manufacturers & Exporters Limited**
* **Impact:** The company is subject to a winding-up petition, which, if successful, will lead to the company's dissolution and liquidation of assets.
* **Action Required:** To defend themselves in court.
**The Bank of Tokyo-Mitsubishi UFJ, Ltd.**
* **Impact:** Has filed a petition to recover the dues.
* **Action Required:** Prepare for the hearing on February 7, 2017.
**Creditors and Contributors of Klen & Marshalls Manufacturers & Exporters Limited**
* **Impact:** Their financial interests are directly affected by the potential winding up of the company.
* **Action Required:** Decide whether to support or oppose the petition and, if so, notify the petitioner or their advocate at least 5 days before the hearing and appear at the hearing or file their affidavits in court.
**High Court of Madras**
* **Impact:** Required to adjudicate the winding up petition.
* **Action Required:** Schedule and conduct hearing for the winding up petition.
Key Entities Referenced
Part VI-Section 3(a): Section of the Tamil Nadu Government Gazette containing notifications issued by cost recoverable institutions.
Tamil Nadu Government Gazette: Official gazette of the Government of Tamil Nadu.
High Court of Judicature at Madras: The high court located in Chennai (Madras) responsible for judicial notifications.
Companies Act, 1956: Referenced law under which the winding up petition is filed.
Chennai: Location where the High Court of Judicature is situated and a location to which the notifications pertain.