Home India Part VI--Section 3a JUDICIAL NOTIFICATIONS - Insolvency Petitions...
Date: 2022-06-22 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 a notification from the Tamil Nadu Government Gazette, specifically Part VI-Section 3(a), regarding a judicial notification for the winding up of M/s. V.R. Textiles Private Limited. The petition, filed under the Companies Act of 1956, is to be heard by the High Court at Madras on July 13, 2017. Any party intending to support or oppose the petition must provide notice at least 5 days prior to the hearing. **Key Points / Main Content** * **Petition for Winding Up:** * A petition has been filed to wind up M/s. V.R. Textiles Private Limited. * The petition was presented in the High Court at Madras on June 2, 2016. * The petitioner is Mr. Sheetal Kumar Kothari, Proprietor of M/s. Ravindra & Company. * **Hearing Date:** * The petition is scheduled to be heard on July 13, 2017, in the High Court at Madras. * **Notice Requirements:** * Any creditor, contributory, or other person intending to support or oppose the petition must send a signed notice of their intention to the Petitioner or their Advocate. * This notice must be received at least 5 days before the hearing date. * **Document Availability:** * A copy of the petition will be furnished to any creditor or contributory upon payment of prescribed charges. * **Affidavit Filing:** * Any affidavit intended to be used in opposition must be filed in court. * A copy of the affidavit must be served on the petitioner or their advocate at least 5 days before the hearing date. **Impact Analysis** **M/s. V.R. Textiles Private Limited (Respondent)** * **Impact:** Their business may be subject to being wound up by the High Court at Madras. * **Action Required:** They must respond to the petition and appear in court on July 13, 2017, or engage counsel to represent them. **Mr. Sheetal Kumar Kothari / M/s. Ravindra & Company (Petitioner)** * **Impact:** They will potentially recover cost or have M/s. V.R. Textiles Private Limited wound up * **Action Required:** Ensure all required notices are provided, attend the hearing on July 13, 2017, and be prepared to present their case for winding up. **Creditors and Contributories** * **Impact:** They may be affected by the winding up of the company, potentially impacting their financial interests. * **Action Required:** If they intend to support or oppose the petition, they must send a signed notice of their intention to the Petitioner or their Advocate at least 5 days before the hearing. Also, must appear in person or engage counsel to represent them in Court on July 13, 2017.

Key Entities Referenced

Tamil Nadu Government Gazette: Official gazette of the Tamil Nadu Government. Companies Act, 1956: Referenced legislation relevant to company matters. High Court of Judicature at Madras: The court handling the judicial notification related to the company winding up.
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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