Home India Part VI-Section 3a JUDICIAL NOTIFICATIONS -Insolvency Petitions - Company Juris...
Date: 2016-11-02 Category: Not Applicable State: Tamil Nadu Country: India

JUDICIAL NOTIFICATIONS -Insolvency Petitions - Company Jurisdiction - Advertisement Petition

Issued by Part VI-Section 3a · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is the Tamil Nadu Government Gazette, Part VI-Section 3(a), published on November 2, 2016. It contains notifications from cost recoverable institutions and heads of departments, including judicial notifications related to insolvency petitions and company jurisdiction. The insolvency petitions are scheduled to be heard on December 16, 2016, and the company petition is scheduled to be heard on November 14, 2016. **Key Points / Main Content** * **Insolvency Petitions:** * Lists 70 separate insolvency petitions, along with involved parties, including debtors, creditors, addresses and other relevant details. * Hearings for these petitions are scheduled for December 16, 2016. * A notice is given under Section 4,5,7,10 & 13 of Provincial Insolvency Act that the Petitioners/Debtors have filed an Insolvency Petition to adjudge the Petitioners/Debtors as an Insolvency and the said petition stands posted to 16-12-2016. * **Company Jurisdiction - Advertisement Petition:** * M/s. Kotak Mahindra Bank Ltd. has filed a petition to wind up M/s. Ravishankar Industries Pvt. Ltd. * The petition was presented to the High Court of Judicature at Madras on November 9, 2011. * The hearing for the company petition is scheduled for November 14, 2016. * Parties intending to support or oppose the order must notify the Petitioner/Advocate at least 5 days before the hearing. * Any affidavit to be used in opposition to the petition should be filed and served on the petitioner at least 5 days before the hearing date. **Impact Analysis** **Debtors/Petitioners in Insolvency Cases** * **Impact:** The outcome of the insolvency petition will determine their financial future. * **Action Required:** Must appear in court on December 16, 2016, and present their case. **Creditors in Insolvency Cases** * **Impact:** The outcome of the insolvency petition will determine the amount of debt recovered. * **Action Required:** Must appear in court on December 16, 2016, and present their case. **M/s. Kotak Mahindra Bank Ltd.** * **Impact:** As the petitioner, the outcome of the petition will affect the bank. * **Action Required:** Must appear in court on November 14, 2016, and present their case. **M/s. Ravishankar Industries Pvt. Ltd.** * **Impact:** As the respondent, it faces potential winding up. * **Action Required:** Must appear in court on November 14, 2016, and present their case. **Creditors/Contributors in Company Petition** * **Impact:** The potential winding up of the company impacts their financial interests. * **Action Required:** Parties intending to support or oppose the petition must notify the Petitioner/Advocate at least 5 days before the hearing and appear in court on November 14, 2016.

Key Entities Referenced

Tamil Nadu Government Gazette: Official publication containing notifications of the Tamil Nadu government. Provincial Insolvency Act: Referenced in the notice regarding Insolvency Petitions Companies Act, 1956: Referenced in the Company Jurisdiction jurisdiction Chennai: Location where the High Court of Judicature is located. High Court of Judicature at Madras: Judicial body involved in company jurisdiction cases.
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© [Regd. No. TN/CCN/467/2012-14 GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2016 [Price : Rs. 2.40 Paise. TAMIL NADU GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY No.43] CHENNAI, WEDNESDAY, NOVEMBER 2, 2016 Aippasi 17, Thunmugi, Thiruvalluvar Aandu–2047 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 .. .. .. .. 116-118 Company Jurisdiction—Advertisement Petition .. .. .. 119 .. DTP—VI-3(a) (43) [115]116 TAMIL NADU GOVERNMENT GAZETTE [Part VI—Sec. 3(a) NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. JUDICIAL NOTIFICATIONS INSOLVENCY PETITIONS IN THE COURT OF THE SUBORDINATE JUDGE OF TIRUCHENGODE (D.No. 1070/2016.) I.P. No. 3/2016 No. VI-3(a)/114/2016. 1. Sree Murugan Textiles proprietor P. Shanmugalingam (59), office at 3/3-2, Sengunthapuram 1st Street, Pallipalayam, Tiruchengode Taluk, Namakkal District. 2. Sri Venkatesaa Textiles rep. by its prop. K.S. Venkatesh (28), S/o. P. Sangaralingam, office at 3/3-2, Sengunthapuram 1st Street, Pallipalayam, Tiruchengode Taluk, Namakkal District.—Petitioners/Debtors. Versus. 1. Sri Venkateswara Traders rep. by its Prop. P. Palaniappan, full aged, 39, Kamachiamman Koil Street, Kandipudure, Pallipalayam, Erode-6. 2. Sree Kowselya Yarn store rep. by its Prop. Kowselya, full aged, 38, Alagiri Singa Street, S.K.C. Road, Erode. 3. Kumaran Yarn rep. by its prop Thangavel, full aged, 197/1, K.S. Building, Eswaran Koil Street, Erode. 4. A. Perumal chetty and sons rep by its prop Ravi, full aged, 342, Car Street, Bhavani-1, Erode District. 5. Sree Mahalakshmi Textiles rep by its prop Ravi, full aged, 342, Car Street, Bhavani-1, Erode District. 6. V.M.D. Yarn Traders, rep by its prop. T.P. Muthu, full aged, 27, Akilmedu, 4th Street, Sait Colony, Erode Taluk & District. 7. Iyappa Yarn Traders, Office at 90, Eswaran Koil Godown Street, Erode Taluk. 8. Sree Sarathambika Yarn Agency, 197, Eswaran Koil Street, K.S. Building, Erode-1. 9. Sree Thangam Textiles, rep by its prop Lingeswaran, full aged, 48-B, Sengunthapuram, Ettampattarai Lane, Pallipalayam, Erode-6. 10. Pranesh Tex, Rep by its prop. Suresh, full aged, Elementary School Street, Kuranguputhur, Pallipalayam, Erode-6. 11. Kayathri Tex, rep by its prop Jegadeesan, full aged, K.R.P. Nagar, Pallipalayam, Erode-6. 12. K. Balan, full aged, Devangapuram, near Sithivinayagar Koil, Pallipalayam, Erode-6. 13. Bharani Trading Company, rep by its partner Balu, full aged, 2/1, Thillai Nagar 1st cross, Agraharam Post, Pallipalayam, Erode-8. 14. Sivakumar, full aged, Back side Kongu Mandapam, Jeevashed, Pallipalayam, Erode-6. 15. Sabari Mohan, full aged, 4/10, Kumaresapuram, Tiruchengode, Namakkal District. 16. Thiyagaraja Tex, rep by its prop. Thiyagarajan, full aged, Parai Road, Om Sakthi Koil Street, Pallipalayam, Erode-6. 17. Sri Saraswathi Tex, Rep by its prop Ravi, full aged, Car street, Bhavani-1. Erode District. 18. Deepa Tex, Office Sani Santhai, Near Muniappan Koil, Avarankadu, Pallipalayam, Erode-6. 19. M.R.R. Pasuvaraj, full aged, paper Mill Road, Pallipalayam, Erode-6. 20. Vimala Fabrics, rep by its Bharani Logu, Office at Raja Street, Pallipalayam, Erode-6. 21. Bahnnari Washing, rep by its prop Varadaraj, full aged, Paper Mill Road, Pallipalayam, Erode-6.Nov. 2, 2016] TAMIL NADU GOVERNMENT GAZETTE 117 22. Gomal Tex rep by its prop Gomal full aged, Krishnamurthy Thottam, 2nd Street, Co.optex Road, Karungalpalayam, Erode-3. 23. Ananthamangal, Tex, rep by prop. Pradeep Kumar, T.V.S. Road, Erode District. 24. Padbanaban, full aged, Natesa Chetty Street, S.N.P. Complex, Pallipalayam, Erode-6. 25. K.R. Shanmugam, full aged, Anna Nagar, V.I.P. Colony Tiruchengode Taluk, Namakkal District. 26. Karthi Tex Engineer factory, Samaya Sangili Road, Avathipalayam, Pallipalayam, Erode-8. 27. Sami Tex, Iyyanadu, Elanthaikuttai Post, Erode-8. 28. Anil Export, rep by its prop. Anilkumar, full aged, Mathava Krishna Street, Erode Taluk, Erode District. 29. Senthur Murugan Tex, rep by its prop Priya, Sengunthapuram 1st Street, Kandiputhur, Pallipalayam, Erode-6. 30. Senthur Murugan Enterprises, rep by its prop Priya, full aged, Sengunthapuram 1st Street, Kandiputhur, Pallipalayam, Erode-6. 31. Nirmal, full aged, K.K.S. Building back side, Karungalpalayam, Erode-3. 32. Ambal Tex, rep by its prop Anand, full aged, Natesa Chettiar Street, Pallipalayam, Erode-6. 33. Raj Fabrics, rep by its prop Raju, full aged, 61-82-F, Semparaikadu, Vediarasampalayam, Agraharam post, Pallipalayam, Erode-8. 34. Balu Fabrics, rep by its prop Balu, full aged, 50, Bye pass Road, Pallipalayam, Erode-6. 35. Sabitha Tex, Kottakadu, Agraharam Post, Avathipalayam, Pallipalayam, Erode-8. 36. Palanisamy, full aged, Santhaipettai Road, Registar Office, Agraharam Post, Erode-8. 37. Vishnu Tex, Rep by its prop Jeganathan, full aged, Puthan Santhai Road, Pallipalayam, Erode-6. 38. A.R. Somu, full aged, Maduraiveeran Koil, 10-A, Thathupathari Street, Annasagaram, Dharmapuri. 39. Dharma Textiles, rep by its prop Dharman, full aged, Biruntha Street, Periyapavadi vanigavalagam, Erode. 40. Pavitra Tex, rep by its prop Senthil, full aged, Palaniappa Nagar, Pallipalayam, Erode-6. 41. Sangeev Tex, 7/37, Thalampalayam, Seenapuram Post, Thuduppathi Village, Perundurai Taluk, Erode District. 42. Kalaikumar Tex, Thalampalayam, Seenapuram Post, Thuduppathi Village, Perundurai Taluk, Erode District. 43. S.R. Ramasamy, 1/31, Karaandipalayam Pudur, Periaveerasangili Post, Vijayamangalam Village, Perundurai Taluk, Erode District. 44. Sri Ram Dyeing, rep by its prop Kannan, full aged, Palaniappa Nagar, Pallipalayam, Erode-6. 45. Bala Fabrics, rep by its prop Balu, full aged, Elementary School Road, Kurangupudur, Pallipalayam, Erode-6. 46. Pachiyappan Dyeing rep by its prop Pachiappan, full aged, Periyar Nagar, Samayasangili Road, Avathipalayam, Erode-08. 47. Sree Murugan Dyeing, Office at opp.IOB, Near Pillaiyar Koil Avathipalayam, Pallipalayam, Erode-8. 48. Karunakaran, full aged, Cheenimalai West, Cennimalai, Erode District. 49. Sree Sureka Textiles, rep by its prop Thilagam, full aged, 20, KRPAD Road, Pallipalayam, Erode-6. 50. S.P. Sivakumar, full aged, Kullampalayam, Pattakaranpalayam Post, Thuduppathi Village, Perundurai Taluk, Erode District. 51. Iyyappa dyeing rep by its prop Sakthi, full aged, Cauvery Nagar, Near Sellavel Kalyanamandapam, Komarpalayam, Tiruchengode.118 TAMIL NADU GOVERNMENT GAZETTE [Part VI—Sec. 3(a) 52. Iyyanar Dyeing, rep by its prop Iyyanar, full aged, B.S.G.Kalyanamandapam, Katamedu bye-pass Road, Komarapalayam, Tiruchengode. 53. Sun Dyeing Thiru Vi ka Street, Samaya Sangali Road, Avaipalayam, Pallipalayam, Erode-8 54. Lakshmi Dyeing rep by its prop velu, 3/299, Kaliyanur Road, Bharathiyar Nagar, Avathipalayam, Pallipalayam, Erode-8. 55. Sabari Dyeing rep by its prop S. Uvaraj, full aged 22/5, Andikadu, Vediarasampalayam, Pallipalayam, Erode-6. 56. Suppulakshmi Tex, Rep by its prop Mahaveer, full aged Office at N.M.S. Compound Veethi, Erode Taluk & District. 57. Sree Mahalakshmi Textiles, rep by its prop. Ravi, full aged, 344, Car Street, Bhavani-1. 58. A. Kumar, full aged, Palaniappa Nagar, Pallipalayam, Erode-6. 59. K. Ravichandran, full aged, Kovalan Street, Treachers colony, Erode Taluk & District. 60. Jeyachandran Tex. 1/10, M.G.R. Nagar, Ayugoundampalayam, Pattakaranpalayam Post, Thudupathi village, Perundurai, Erode District. 61. S.N.P. Textiles, 95, Natesa Chettiar veethi, Pallipalayam, Erode-6. 62. A. Ravichandran, full aged, Nagara Seyalalar, Pavadi street, Palliyalayam, Erode-6. 63. A. Raja, full aged, Kulathukkadu, Agaraharam Post, Pallipalayam, Erode-6. 64. Nataraja Tex, rep by its prop Thiyagarajan, full aged, 3/175, Sankari Main Road, Ottamethai, Pallipalayam, Erode-6. 65. City Union Bank, Pallipalayam, Erode-6. 66. Kotak Bank, Post Officer Road, Erode Taluk & District. 67. Karur Vysya Bank, Pallipalayam, Erode-6. 68. P. Srinivasan, Proprietor of Sree Mariayee Tex, 42, 4/2, MGR Nagar Pirivu, Angalamman Kovil street, Chinnantang Koil Road, Karur-1. 69. S. Sadhasivan, full aged 62, Sree Vaari Garden, Kurumpamapalayam, S.S.Kulam via, Coimbatore. 70. K. Shanmugam, full aged, K.R.P. Nagar 3rd Street, Agraharam, Pallipalayam, Erode-8. Notice is hereby given under Section 4,5,7,10 & 13 of Provincial Insolvency Act that the Petitioner/Debtors have filed an Insolvency Petition to adjudge the Petitioners/Debtors as an Insolvency and the said petition stands posted to 16-12-2016. Tiruchengode, A.M. RAVI, 25th October 2016. Subordinate Judge.Nov. 2, 2016] TAMIL NADU GOVERNMENT GAZETTE 119 IN THE HIGH COURT OF JUDICATURE AT MADRAS (Company Jurisdiction) [Roc.No. 5689/2016 (O.S.)] [C.P. No. 54 of 2012] In the Matter of the Companies Act, 1956 and In the Matter of M/s. Ravishankar Industries Pvt. Limited. No. VI-3(a)/115/2016. M/s. Kotak Mahindra Bank Ltd., A Company incorporated under The Companies Act 1956, having its Registered Office at 36-38A, Nariman Bhavan, 227, Nariman Point, Mumbai-400 021 and its Regional Office at No.3, Dass India Tower, 2nd Floor, Second Line Beach, Chennai-600 001-—Petitioner Versus M/s. Ravishankar Industries Pvt. Ltd., A Company incorporated under The Companies Act 1956, having its Registered office at No.12/14, Taylors Estate, 1st Street, Kodambakkam, Chennai-600 024, And also at New No.3, Old No.2, Sarangapani Street, T.Nagar, Chennai-600 017—Respondent ADVERTISEMENT OF PETITION Notice is hereby given that a petition for a winding-up of the above named Respondent Company, M/s. Ravishankar Industries (P) Ltd. by the High Court of Judicature at Madras was on the 9th Day of November 2011 presented to the said Court by the said Petitioning creditor and that the said petition is directed to be heard before the Court on the Day of 14th November 2016. Any creditor, contributory or other person desirous of supporting or opposing the making of an order on the said petition should send to the Petitioner or his Advocate notice of his intention signed by him or his Advocate with his name and address, so as to reach the Petitioner or his Advocate not later than 5 days before the date fixed for the hearing of the Petition and appear at the hearing for the purpose in person or by his Advocate. A copy of the Petition will be furnished by the under signed to 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 his Advocate, not less than 5 days before the date fixed for the hearing. Dated at Chennai, on this the 20th day of October, 2016. New No. 315, Old No.152, V Floor, M/S. RAMALINGAM & ASSOCIATES, Thambu (Chetty) Street, Advocates. Chennai-600 001. Counsel for Petitioner. High Court, Madras, C.B. MEENA, 26th October 2016. Joint Registrar, Original Side. PRINTED AND PUBLISHED BY THE DIRECTOR OF STATIONERY AND PRINTING, CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU

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