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Date: 2019-06-19 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** This document is an advertisement of a petition for the winding up of M/s. V.R. Textiles Private Limited by the High Court at Madras. The petition was presented on June 2nd, 2016, by Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company. The petition is scheduled to be heard on July 13th, 2017. **Key Points / Main Content** * **Petition Details:** * Petition for winding up of M/s. V.R. Textiles Private Limited. * Case Number: C.P. No. 271 of 2016. * High Court of Judicature at Madras * The petitioner is Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company. * **Hearing Information:** * The petition will be heard on July 13th, 2017. * **Instructions for Opposing/Supporting the Petition:** * Anyone intending to support or oppose the petition must provide written notice of their intention to the Petitioner or their advocate. * The notice must be received at least 5 days before the hearing date. * Those wishing to appear at the hearing may do so in person or through an Advocate. * Affidavits intended to be used in opposition to the petition must be filed in court and served on the petitioner/their advocate at least 5 days before the hearing. * A copy of the petition will be furnished to any creditor or contributory on payment of the prescribed charges for the same. **Impact Analysis** **M/s. V.R. Textiles Private Limited** * **Impact:** The company is the subject of a winding-up petition. * **Action Required:** The company must respond to the petition, potentially by contesting it. **Mr. Sheetal Kumar Kothari/M/s. Ravindra & Company (Petitioner)** * **Impact:** Kothari has initiated the winding-up petition. * **Action Required:** Kothari must be prepared to present their case at the hearing and provide notice and a copy of the petition to any creditors or contributories who request them. **Creditors and Contributories of M/s. V.R. Textiles Private Limited** * **Impact:** Their interests may be affected by the winding-up of the company. * **Action Required:** They must decide whether to support or oppose the petition and provide written notice of their intentions to the Petitioner at least 5 days before the hearing. Additionally, they should prepare to appear in person or through an Advocate at the hearing.

Key Entities Referenced

Companies Act, 1956: The Act under which a petition is being filed for the winding up of a company. High Court of Judicature at Madras: The court where the petition for winding up the company is filed. Tamil Nadu Government Gazette: Official publication of the Government of Tamil Nadu, containing notifications. Tamil Nadu: The state to which the gazette and the companies belong.
Official Source Record View Original Source →
See Full Document Text
© [Regd. No. TN/CCN/467/2012-14 GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2017 [Price : Re. 0.80 Paise. TAMIL NADU GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY No.25] CHENNAI, WEDNESDAY, JUNE 21, 2017 Aani 7, Hevilambi, 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 Company Jurisdiction Advertisment of Petition .. .. .. .. 70 DTP—VI-3(a)-25—1 [69]70 TAMIL NADU GOVERNMENT GAZETTE [Part VI—Sec. 3(a) NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. JUDICIAL NOTIFICATIONS IN THE HIGH COURT OF JUDICATURE AT MADRAS [Roc. No. 4238/2017 (O.S.)] C.P. No. 271 of 2016 In the Matter of Companies Act, 1956 And In the Matter of M/s. V.R.Textiles Private Limited, 384, Sathy Main Road, Punjai Puliampatti, Erode-638 459, Tamil Nadu. No. VI-3(a)/50/2017. Mr. Sheetal Kumar Kothari, Proprietor: M/s. Ravindra & Company, 12-7-68/3, Manchalapur Road, P.B. No. 315, Raichur - 584 102, Karnataka—Petitioner. Versus M/s. V.R. Textiles Private Limited, Represented by its Managing Director, 384, Sathy Main Road, Punjai Puliampatti, Erode-638 459, Tamil Nadu—Respondent. ADVERTISEMENT OF PETITION Notice is hereby given that a petition for winding up of the above named Respondent Company by the High Court at Madras on the 2nd day of June 2016 and presented to the said Court by Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company having its office at 12-7-68/3, Manchalapur Road, P.B. No. 315, Raichur - 584 102, Karnataka, as creditor and the Petition is directed to be heard before the Court on the day of 13th July 2017. 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 through Advocate. A copy of the Petition will be furnished by the undersigned 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, this the 7th day of June, 2017. M/S. SURANA & SURANA, High Court, Madras, G. KALYAN JHABAKH, 15th June 2017. Advocate for Petitioner. K. VARATHALAKSHMI, Joint Registrar Original Side (Incharge). PRINTED AND PUBLISHED BY THE DIRECTOR OF STATIONERY AND PRINTING, CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU

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