Tamil Nadu Government Gazette, Part II, Section 2, No. 18 (2024)
The Government of Tamil Nadu published Tamil Nadu Government Gazette, Part II, Section 2, No. 18 on 1 May 2024, containing notifications from the Commercial Taxes and Registration Department and the Home Department. The issue includes G.O. Ms. No. 229, Home (Police-XIX), dated 15 March 2024, which temporarily attaches specified land, a gold coin and cash connected with two defaulting financial establishments in Tiruppur District. It also sets consolidated stamp duty for specified insurers, assigns certain cases to a Mayiladuthurai court, permits specified Central Bureau of Investigation action and amends an earlier notification under the Unlawful Activities (Prevention) Act, 1967.
Property attachment in Tiruppur District
The Home Department, through G.O. Ms. No. 229, Home (Police-XIX), dated 15 March 2024, makes an ad-interim attachment of movable and immovable properties associated with M/s. Sri Kodeeswara Finance and M/s. Sri Kodeeswara Finance and Investments. The Government states that complaints were received from depositors about failure to return deposits after maturity.
The attached assets are in the name of S. Chithra, wife of R. Sathasivam, a partner of the financial establishments. The schedule identifies her as S. Chitra.
Key property details are:
- Agricultural land in Survey No. 178/2B1 at Kondampatti Village, Udumalaipet Taluk, Tiruppur District.
- Extent recorded as 0.28½ acres.
- Document No. 8084/2012, dated 26 November 2012, registered at the Udumalpet Sub-Registrar Office.
- Guideline value recorded as Rs. 47,735.50.
- A gold coin weighing 8 grams and cash of Rs. 2,985 are also attached.
Control of the attached assets is transferred to the Competent Authority and District Revenue Officer, Tiruppur District. The Special Public Prosecutor for the relevant Special Court is requested to assist with the court application.
Who should pay attention
G.O. Ms. No. 229, Home (Police-XIX), dated 15 March 2024, is directly relevant to depositors of the named financial establishments, the named property owner and anyone considering a transaction involving the scheduled land. The notification identifies only the particular land and movable assets listed in its schedule.
Other notifications in the Gazette
The Commercial Taxes and Registration Department provides consolidated stamp duty arrangements for insurance policies issued by specified offices of the Oriental Insurance Company Limited, National Insurance Company Limited and Life Insurance Corporation of India for the periods stated in their notifications.
The Home Department also:
- Adds Judicial Magistrate Court No. I, Mayiladuthurai, for magisterial level cases involving elected Members of Parliament and Members of the Legislative Assembly in Mayiladuthurai District.
- Gives consent for specified Central Bureau of Investigation proceedings involving P. Kabilan and Dinesh Kumar across Tamil Nadu.
- Amends G.O. Ms. No. 208, Home (Police-VII) Department, dated 25 March 2011, by replacing the authority member description “Inspector General of Police, Intelligence (Internal Security)” with “Inspector General of Police, Intelligence.”
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 in Tiruppur District?
Yes. G.O. Ms. No. 229, Home (Police-XIX), dated 15 March 2024, temporarily attaches agricultural land in Survey No. 178/2B1 at Kondampatti Village, Udumalaipet Taluk, Tiruppur District.
How can I identify the attached land in the registration records?
The schedule records Document No. 8084/2012, dated 26 November 2012, at the Udumalpet Sub-Registrar Office. It gives the extent as 0.28½ acres and the guideline value as Rs. 47,735.50.
Why was the Tiruppur property attached?
The Government states that depositors complained that M/s. Sri Kodeeswara Finance and M/s. Sri Kodeeswara Finance and Investments had failed to return deposits after maturity. It also states that the scheduled properties were alleged to have been acquired from deposits collected by the establishments.
Who controls the attached property?
Control is transferred to the Competent Authority and District Revenue Officer, Tiruppur District, for further action under the applicable depositor protection law and rules.
