Tamil Nadu Government Gazette, No. 11, Part II, Section 2, 19 March 2014
The Government of Tamil Nadu published this Gazette issue through its Secretariat departments on 19 March 2014. Among its notices, the Home Department published Government Order (Ms.) No. 123 and Government Order (Ms.) No. 124, both dated 19 February 2014, and Government Order (Ms.) No. 127, dated 21 February 2014, placing interim attachments on movable assets connected with three financial establishments that allegedly failed to repay depositors.
What the Gazette covers
The Tamil Nadu Government Gazette, No. 11, Part II, Section 2, dated 19 March 2014, contains notifications and orders issued by Government of Tamil Nadu Secretariat departments for sections of the public.
The contents page also records a Housing and Urban Development Department notification concerning an exemption from a Second Master Plan regulation for construction of a Crime Branch Criminal Investigation Department office building at Egmore Village, Chennai. It lists an Industries Department errata concerning acquisition of land, but the supplied text does not identify the land or explain the correction.
Home Department property attachments
The Home Department published three interim attachment orders under the Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997:
- Government Order (Ms.) No. 123, Home (Police XIX), dated 19 February 2014, attaches movable properties connected with Baby Emu Farms India Private Limited, Salem District. The schedule includes six vehicles, ornaments and a watch. Control is transferred to the Competent Authority and District Revenue Officer, Salem District.
- Government Order (Ms.) No. 124, Home (Police XIX), dated 19 February 2014, attaches movable properties connected with Suthi Emu Farms, Erode District. The schedule includes vehicles and office items. Control is transferred to the Competent Authority and District Revenue Officer, Erode District. The Gazette states that properties worth Rs. 6,60,000 had been identified and attached earlier under Government Order (Ms.) No. 468, Home, dated 9 July 2013.
- Government Order (Ms.) No. 127, Home (Police XIX), dated 21 February 2014, attaches money in a bank account connected with Subasree Emu Farms India Private Limited, Dindigul District. The listed HDFC Bank savings account, in the name of P. Kiruthika, had a frozen amount of Rs. 5,307.86. Control is transferred to the Competent Authority and District Revenue Officer, Dindigul District.
Who may be affected
The attachment notices directly concern the named financial establishments, listed asset owners, account holder, depositors and the relevant district authorities. The supplied schedules cover movable property and bank funds, not land. A property buyer cannot use these extracts alone to determine whether any land is affected by the separate Industries Department errata or the Egmore planning exemption.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does this Gazette attach any land belonging to the three emu farm businesses?
The supplied Home Department schedules attach vehicles, ornaments, office items and bank funds. They do not list any land.
Why were the movable assets attached?
The Government of Tamil Nadu states that depositors complained that the financial establishments failed to return deposits after maturity and were unlikely to repay them. The attachments were made to protect depositors' interests.
Who controls the attached assets?
Control was transferred to the Competent Authority and District Revenue Officer for Salem District, Erode District or Dindigul District, depending on the financial establishment.
Does the Gazette give enough information to identify land affected by the acquisition errata?
No. The contents page lists an Industries Department errata concerning acquisition of land, but the supplied text does not provide parcel details or explain the correction.
