Insolvency Petitions, I.P. No. 8/2017
Judicial Notification No. VI-3(a)/39/2018, dated 23 March 2018, was issued by E. Rajendra Kannan, Subordinate Judge of Sankari, and published by the Government of Tamil Nadu in the Tamil Nadu Government Gazette on 28 March 2018. It gives notice that an insolvency petition was filed and posted for hearing on 18 June 2018, but it does not identify or change rights in any land.
What the notification does
Judicial Notification No. VI-3(a)/39/2018 was issued by E. Rajendra Kannan, Subordinate Judge of Sankari, on 23 March 2018. The Director of Stationery and Printing, Chennai, published it on behalf of the Government of Tamil Nadu in the Tamil Nadu Government Gazette dated 28 March 2018.
The notification concerns I.P. No. 8/2017 and D. No. 1151/2017 before the Court of the Subordinate Judge of Sankari. It records that an insolvency petition was filed seeking to have the petitioner or debtor declared insolvent. The source identifies A.N. Sekar as the petitioner and creditor, but the notice later refers to the petitioner as the debtor. It does not resolve that difference in description.
Who is affected
Judicial Notification No. VI-3(a)/39/2018 directly concerns A.N. Sekar and the 30 listed respondents. The respondents include individuals, finance businesses, Cholamandalam Investment and Finance Company Limited, and the Official Receiver at the District Court Campus, Hasthampatti, Salem.
Most of the listed individuals and businesses have addresses in Thevoor, Sankari, Komarapalayam or nearby places in Salem and Namakkal districts. The notification is relevant to those named parties and anyone examining their involvement in the insolvency proceeding.
Key provisions
Judicial Notification No. VI-3(a)/39/2018 states that:
- Notice was given under Sections 6, 7, 10 and 13 of the Provincial Insolvency Act.
- An insolvency petition had been filed to have the petitioner or debtor declared insolvent.
- The petition was posted to 18 June 2018.
- The notification does not state that the court had already declared anyone insolvent.
- No land, survey number, title document or property transaction is identified.
- No sale, transfer, attachment or restriction affecting a specific property is recorded in the text.
Relevance to property buyers and owners
Judicial Notification No. VI-3(a)/39/2018 is not a land title, land use or registration notification. A property buyer may find it relevant if a proposed seller, owner, creditor or finance business has the same identity as a named party. However, the published text alone does not connect the insolvency petition to any particular property or state the result of the petition.
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 notification declare anyone insolvent?
No. It states that a petition was filed seeking a declaration of insolvency and that the petition was posted to 18 June 2018. It does not record a final decision.
Does the notification affect a specific property in Tamil Nadu?
No specific property, survey number or title document is identified. The text does not record any land sale, transfer, attachment or restriction.
Who are the parties to the insolvency proceeding?
The notification names A.N. Sekar as the petitioner and creditor and lists 30 respondents, including individuals, finance businesses, Cholamandalam Investment and Finance Company Limited, and the Official Receiver in Salem.
When was the insolvency petition scheduled?
The petition was posted to 18 June 2018 before the Court of the Subordinate Judge of Sankari.
