**Executive Summary**
This document is a section of the Tamil Nadu Government Gazette, specifically Part VI-Section 3(a), dated March 1, 2017. It contains judicial notifications related to insolvency petitions. It includes notifications from the subordinate judges in Erode and Gobichettipalayam. One petition is scheduled for a hearing on April 12, 2017, while the other petition is scheduled for March 10, 2017.
**Key Points / Main Content**
* **Insolvency Petitions - Gobichettipalayam (Case No. 2/14)**
* Notification regarding an insolvency petition filed by K.P. Ilayappan, identifying him as the petitioner/insolvent.
* B. Karuppusamy and N. Devi are identified as the respondents.
* Hearing scheduled for April 12, 2017.
* **Insolvency Petitions - Erode (Case No. 17/2015)**
* Notification regarding an insolvency petition filed by T.P. Guruvenkatachalam, identified as the petitioner/creditor.
* Pon Nandhagopal and 4 others are identified as the respondents/debtors/purchasers.
* Hearing scheduled for March 10, 2017.
**Impact Analysis**
**K.P. Ilayappan**
* **Impact**: As the petitioner/insolvent, Ilayappan's financial status is under review by the court.
* **Action Required**: Ilayappan must attend the hearing on April 12, 2017, to present their case.
**B. Karuppusamy and N. Devi**
* **Impact**: As the respondents, Karuppusamy and Devi's financial relationship with the petitioner is under review.
* **Action Required**: Karuppusamy and Devi must attend the hearing on April 12, 2017, to present their case.
**T.P. Guruvenkatachalam**
* **Impact**: As the petitioner/creditor, Guruvenkatachalam seeks to have Pon Nandhagopal declared insolvent.
* **Action Required**: Guruvenkatachalam must attend the hearing on March 10, 2017, to present their case.
**Pon Nandhagopal and 4 others**
* **Impact**: As the respondents/debtors/purchasers, Nandhagopal and the other respondents are facing the potential declaration of insolvency.
* **Action Required**: Nandhagopal and the other respondents must attend the hearing on March 10, 2017, to present their case.
Key Entities Referenced
Tamil Nadu Government Gazette: Official state government publication containing notifications, including insolvency petitions.
Provincial Insolvency Act: Law under which insolvency petitions are being filed; specifically Section 19(2) is referenced
Chennai: Location where the Gazette is printed and published.
Erode: Location where the II Additional Subordinate Judge is located.