**Executive Summary**
This document is an excerpt from the Tamil Nadu Government Gazette, Part VI-Section 3(a), published on April 23, 2025. It contains judicial notifications related to insolvency petitions in the court of the Principal Subordinate Judge, Tenkasi. Both petitions are scheduled for hearing on June 9, 2025.
**Key Points / Main Content**
* **Insolvency Petition No. 2 of 2024 (D.No.598/2025)**
* Petitioners: Muppidathimuthu S/o. Arunachalam and Ponnuthai, W/o. Muppidathimuthu, both residing in Kamaraj Nagar, Kalloorani, Tenkasi Taluk, Tenkasi District.
* Respondents: Mathan Finance, Veritos Finance, Sri Balaji Finance Corporation, HFL Finance Limited, Branch Manager IDFC Bank, and Tata Capital.
* Notice issued under Section 19(2) of the Provincial Insolvency Act regarding the petitioner's application to be adjudged an Insolvent.
* Hearing date: 09-06-2025
* **Insolvency Petition No. 3 of 2024 (D.No.599/2025)**
* Petitioner: Esakkimuthu, S/o. Arunachalam, residing in Kottai Annanagar, Rajagopalaperi Village, Veerakeralamputhur Taluk, Tenkasi District.
* Respondents: Palraj S/o. Soosai, Maharaja S/o. Palanisamy, Jokkinraj, Venkatesh S/o.Petchimuthu, Kannan S/o.Ganabathi, Ganabathi S/o. Pitchaiah, Radha W/o. Ramesh.
* Notice issued under Section 19(2) of the Provincial Insolvency Act regarding the petitioner's application to be adjudged an Insolvent.
* Hearing date: 09-06-2025
**Impact Analysis**
**Petitioners (Muppidathimuthu, Ponnuthai, and Esakkimuthu)**
* **Impact:** Their financial status is under review, and they seek legal recognition as insolvents.
* **Action Required:** Attend the hearing on 09-06-2025 and present their case to the court.
**Respondents (Mathan Finance, Veritos Finance, Sri Balaji Finance Corporation, HFL Finance Limited, Branch Manager IDFC Bank, Tata Capital, Palraj, Maharaja, Jokkinraj, Venkatesh, Kannan, Ganabathi, Radha)**
* **Impact:** May face financial losses if the petitioners are declared insolvent.
* **Action Required:** Attend the hearing on 09-06-2025 and present their case to the court.
Key Entities Referenced
Tamil Nadu Government Gazette: Official publication of the Tamil Nadu government containing notifications.
Provincial Insolvency Act: Act under which insolvency petitions are filed, as referenced in the document.
Tenkasi: Location of the court handling the insolvency petitions, making it central to the applicability of the notifications.