Ad-interim Order attaching the Properties due to default in return of Deposits by the Mohan Enterprises, Arupukottai, Virudhunagar District under the Act

What the notification does

The Home (Police-XIX) Department of the Government of Tamil Nadu issued G.O.Ms. No. 213, dated 6th March 2009, under the Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997. The Government records that depositors complained that Mohan Enterprises, Arupukottai, Virudhunagar District, had failed to return deposits after maturity and was unlikely to repay them.

The notification makes an ad-interim attachment of the immovable properties listed in its schedule. The Government states that these properties were alleged to have been acquired by Mohan Enterprises and its partners from deposits collected from depositors.

Who may be affected

The attachment directly concerns Mohan Enterprises, its partners, the named property owners and anyone dealing with the scheduled land. A buyer, lender or property professional checking land in the identified survey numbers should take account of the attachment before proceeding with a transaction.

Properties identified in the supplied schedule

The schedule includes:

• Agricultural land in Survey No. 212/1 at Aruppukottai, Virudhunagar District, linked to Document Nos. 2600/1946, 150/1991, 2509/1948 and 151/1991. The listed extents include three parcels of 43,560 square feet and one parcel of 37,026 square feet.
• A house site measuring 3,300 square feet on the southern side of Survey No. 86/3 at Chinnapuliyampatti Village, linked to Document No. 3790/97.
• Agricultural land in Survey Nos. 68/4, 69/8 and 69/9 at Dhummuchinnampatti, Aruppukkottai Taluk, linked to Document No. 142/1991. The listed extents are 1.21 acres, 2.46 acres and 2.74 acres.
• Agricultural land in Survey No. 88/3 at Dhummuchinnampatti, linked to Document No. 143/1991, including parcels of 104,979.6 square feet and 95,832 square feet.
• Agricultural land measuring 1.36 acres in Survey No. 89/2 at Dhummuchinnampatti, listed as 59,421.6 square feet.

Next steps required by the notification

• Control of the attached properties is transferred to the Competent Authority and District Revenue Officer, Virudhunagar District.
• The Competent Authority is requested to pursue further action under the applicable procedure and rules.
• The Special Public Prosecutor for the relevant Special Court is requested to assist the Competent Authority in filing the application before that court.