Home India Part  VI-Section 3a JUDICIAL NOTIFICATIONS - Insolvency Petitions...
Date: 2020-02-05 Category: Not Applicable State: Tamil Nadu Country: India

JUDICIAL NOTIFICATIONS - Insolvency Petitions

Issued by Part  VI-Section 3a · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The document is a section of the Tamil Nadu Government Gazette, published on February 8, 2017. It contains judicial notifications from the II Additional Subordinate Judge of Erode regarding several insolvency petitions (I.P. Nos. 13/2015, 14/2015, 18/2015, 22/2015, 23/2015, 24/2015, 27/2015, 28/2015, and 29/2015). Each notification concerns a petition to adjudge a respondent as insolvent, with hearings posted for various dates in February and April 2017. **Key Points / Main Content** * **General:** * The document pertains to Part VI-Section 3(a) of the Tamil Nadu Government Gazette. * The notifications are issued by Heads of Departments, specifically Judicial Notifications regarding Insolvency Petitions. * All notices were issued by the II Additional Subordinate Judge of Erode, S. Ravi Shankar, on February 3, 2017. * **Insolvency Petitions (General Structure):** * Each entry identifies an Insolvency Petition by its number and document number. * Each entry identifies a Petitioner/Creditor and a Respondent/Debtor with their names, ages, and addresses. * Each entry provides a Notice under Section 19(2) of the Provincial Insolvency Act that the Petitioners/Creditors have applied to the court, praying to adjudge the 1st Respondent as an Insolvent. * **Specific Insolvency Petitions and Hearing Dates:** * I.P.No.13/2015 (D.No.394/2017): Hearing posted to 17-04-2017. * I.P.No.14/2015 (D.No.395/2017): Hearing posted to 17-04-2017. * I.P.No.18/2015 (D.No.392/2017): Hearing posted to 17-02-2017. * I.P.No.22/2015 (D.No.391/2017): Hearing posted to 03-03-2017. * I.P.No.23/2015 (D.No.387/2017): Hearing posted to 17-04-2017. * I.P.No.24/2015 (D.No.396/2017): Hearing posted to 03-03-2017. * I.P.No.27/2015 (D.No.388/2017): Hearing posted to 03-03-2017. * I.P.No.28/2015 (D.No.393/2017): Hearing posted to 03-03-2017. * I.P.No.29/2015 (D.No.390/2017): Hearing posted to 03-03-2017. **Impact Analysis** **Stakeholder: Petitioners/Creditors** * **Impact:** They are the entities who have filed the insolvency petitions and are seeking a legal declaration of insolvency for the respondents. * **Action Required:** They must attend the scheduled court hearing and present their case to support the claim of insolvency against the respondents. **Stakeholder: Respondents/Debtors** * **Impact:** They are the individuals or entities against whom insolvency petitions have been filed. A declaration of insolvency could significantly impact their financial status and ability to conduct business. * **Action Required:** They need to prepare their defense, gather relevant financial documents, and attend the scheduled court hearing to contest the insolvency petition if they disagree with the claims made against them. **Stakeholder: The Court (II Additional Subordinate Judge of Erode)** * **Impact:** The court is responsible for adjudicating the insolvency petitions based on the evidence presented by both parties and in accordance with the Provincial Insolvency Act. * **Action Required:** The court must conduct the hearings, review the evidence, and make a determination regarding the insolvency status of the respondents. **Stakeholder: Other creditors listed in the petitions** * **Impact:** The outcome of the insolvency petitions may have financial consequences for other creditors. * **Action Required:** These creditors may need to take further action based on the outcome of the insolvency petition.

Key Entities Referenced

Tamil Nadu Government Gazette: Official government publication containing notifications. Provincial Insolvency Act: Law under which insolvency petitions are filed. Erode: The location of the Sub-Court handling the insolvency petitions. Part VI-Section 3(a): Section of the Tamil Nadu Government Gazette related to Notifications issued by cost recoverable institutions of State and Central Governments
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© [Regd. No. TN/CCN/467/2012-14 GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2017 [Price : Rs. 2.40 Paise. TAMIL NADU GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY No. 6] CHENNAI, WEDNESDAY, FEBRUARY 8, 2017 Thai 26, Thunmugi, Thiruvalluvar Aandu–2048 Part VI—Section 3(a) Notifications issued by cost recoverable institutions of State and Central Governments. NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. CONTENTS Pages. JUDICIAL NOTIFICATIONS Insolvency Petitions .. .. .. .. .. 16-19 DTP—VI-3(a)-6—1 [ 15 ]16 TAMIL NADU GOVERNMENT GAZETTE [Part VI—Sec. 3(a) NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. JUDICIAL NOTIFICATIONS INSOLVENCY PETITIONS IN THE COURT OF THE II ADDITIONAL SUBORDINATE JUDGE OF ERODE (I.P.No.13/2015) (D.No.394/2017) No. VI-3(a)/9/2017. K.P. Sivakumar, aged about 43 years, son of Pongianna Gounder, residing at Door No.42, Maniyakattuthottam, Thindal Village, Erode—Petitioner/Creditor. Versus K. Muralidharan, aged about 50 years, son of K.V. Achuthan, residing at Door No.151/24, D.R.Avenue 1st Street, Bharathipalayam, Poondurai Road, Erode-2, Erode Taluk and 2 Others—Respondents/Debtors/Purchaser. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/ Creditors have applied to this court praying to adjudge the 1st Respondent as an insolvent and that, the said petition stand by posted to 17-04-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. (I.P.No.14/2015) (D.No.395/2017) No. VI-3(a)/10/2017. R. Annadurai, aged about 43 years, son of E.V. Rangappan residing at 194, Chinnamuthu Main Street, Edayankattuvalasu, Erode Town, Erode Taluk—Petitioner/Creditor. Versus K. Muralidharan, aged about 50 years, son of K.V.Achuthan, residing at Door No.151/24, D.R.Avenue 1st Street, Bharathipalayam, Poondurai Road, Erode-638 002, Erode Taluk and 2 Others—Respondents/Debtors/Purchaser Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Creditors have applied to this court praying to adjudge the 1st Respondent as an insovent and that, the said petition stand by posted to 17-04-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge.Feb. 8, 2017] TAMIL NADU GOVERNMENT GAZETTE 17 (I.P.No.18/2015) (D.No.392/2017) No. VI-3(a)/11/2017. N. Easwaramoorthy, aged about 36 years, son of Nallathambi, residing at 136, Sembampalayam, Nasiyanur Post Erode Taluk—Petitioner/Creditor. Versus Suresh, aged about 32 years, son of Dhanasundaram, residing at Door No. 13, Sri Lakshmi Garden, Keel Tindal, Erode Taluk-638 012 and 2 Others—Respondents/Debtors. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Creditors have applied to this court praying to adjudge the 1st Respondent as an insolvent and that, the said petition stand by posted to 17-02-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. (I.P.No.22/2015) (D.No.391/2017) No. VI-3(a)/12/2017. N. Mahendran, aged about 36 years, son of Nallamuthu, residing at 59, Samigoundenpalayam, Nasiyanur Village, Erode, Erode Taluk and 2 Others—Petitioner/Creditor. Versus S. Ramasamy, aged about 51 years, son of Seetharaman, residing at 47/2, Erode Road, Nasiyanur Post, Nasiyanur, Erode Taluk and 2 Others—Respondents/Debtors/Purchasers. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/ Creditors have applied to this court praying to adjudge the 1st Respondent as an Insolvent and that, the said petition stand by posted to 03-03-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. (I.P.No.23/2015) (D.No.387/2017) No. VI-3(a)/13/2017. P. Ravichandran, aged about 45 years, son of K. Periyasamy, residing at Door No. 237, Mettur Road, Erode-638 011 and 2 Others—Petitioners/Creditors. Versus A. Duraisamy, aged about 65 years, son of E.P. Arunachalam, residing at 28, Golden Garden Vairapalayam Road, Erode-638 002 and 2 Others—Respondents/Debtors/Purchasers. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Creditors have applied to this court praying to adjudge the 1st Respondent as an Insolvent and that, the said petition stand by posted to 17-04-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. DTP—VI-3(a)-6—218 TAMIL NADU GOVERNMENT GAZETTE [Part VI—Sec. 3(a) (I.P.No.24/2015) (D.No.396/2017) No. VI-3(a)/14/2017. R. Nirmala, aged about 45 years, wife of Rangasamy, residing at 93, Maravapalayam, R.N.Pudur Post, Erode-638 005, Erode Taluk and District—Petitioners/Debtors. Versus Ravishankar, aged about 26 Years, son of Lingappan, residing at Maravapalayam, R.N.Pudur Post, Erode-638 005, Erode Taluk and District and 15 Others—Respondents/Creditors. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Debtors have applied to this Court praying to adjudge the Petitioners as an Insolvent and that, the said petition stand by posted to 03-03-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. (I.P.No.27/2015) (D.No.388/2017) No. VI-3(a)/15/2017. I. Natarajan, aged about 54 years, son of Iyyannapillai, residing at New No.16, Old No.100, Poosarikadu, Erode, Erode District, Business at I. Natarajan, Proprietor of Sri Sakthi Industries, 31/6, Sangu Nagar Road, Main Street, Erode, Erode District—Petitioner/Debtor. Versus M/s.A.S. Steel, S.R.Complex, Veerappandiyar Nagar, Near New Bus Stand, Salem, Salem District and 19 Others— Respondents/Creditors Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Debtor have applied to this Court praying to adjudge the Petitioner as an Insolvent and that, the said petition stand by posted to 03-03-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. (I.P.No.28/2015) (D.No.393/2017) No. VI-3(a)/16/2017. S. Arthanarisamy, aged about 40 years, son of A. Samraj, residing at Door No.11/3, Sri Vaishnavi Yarn Stores, Near ATR Tippo, Suriyampalayam, Vasavi College Post, Erode Taluk and District—Petitioner/Debtor Versus Vela Finance, Door No.27-B-2, 2nd Cross, Narayana Nagar, Komarapalayam, Tiruchengode Taluk, Namakkal District and 35 Others—Respondents/Creditors. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Debtors have applied to this Court praying to adjudge the Petitioners as an Insolvent and that, the said petition stand by posted to 03-03-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge.Feb. 8, 2017] TAMIL NADU GOVERNMENT GAZETTE 19 (I.P.No.29/2015) (D.No.390/2017) No. VI-3(a)/17/2017. S. Saravanan, aged about 38 years, son of Shanmugam, residing at Door No.24, Seetharam Iyer Nagar, Kalingarayanpalayam, Mettunasuvampalayam, Bhavani Post, Erode Taluk and District and another—Petitioners/Debtors. Versus S. Vallimayil, aged about 40 years, wife of Subramani Dever, Annaikattu Road, Seetharam Iyer Nagar, Kalingarayanpalayam, Bhavani Post, Erode District and 23 Others—Respondents/Creditors. Notice is hereby given under section 19(2) of Provincial Insolvency Act that the Petitioner/Debtors have applied to this Court praying to adjudge the Petitioners as an Insolvent and that, the said petition stand by posted to 03-03-2017. Sub-Court, Erode, S. RAVI SHANKAR, 3rd February 2017. II Additional Subordinate Judge. PRINTED AND PUBLISHED BY THE DIRECTOR OF STATIONERY AND PRINTING, CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU

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