Advertisement of Petition (25 VI 3a)
The High Court of Judicature at Madras issued Advertisement of Petition, Roc. No. 4238/2017 (O.S.), published in the Tamil Nadu Government Gazette by the Government of Tamil Nadu on 21 June 2017. It gives notice of a creditor's petition to wind up M/s. V.R. Textiles Private Limited and states that the petition was fixed for hearing on 13 July 2017. It does not create or change any land or property rule.
What the notification covers
Advertisement of Petition, Roc. No. 4238/2017 (O.S.), is a judicial notification from the High Court of Judicature at Madras concerning a petition under the Companies Act, 1956. It was published in Part VI, Section 3(a) of the Tamil Nadu Government Gazette on 21 June 2017.
The petition sought the winding up of M/s. V.R. Textiles Private Limited, represented by its Managing Director and located at 384, Sathy Main Road, Punjai Puliampatti, Erode, Tamil Nadu. The petition was presented by Mr. Sheetal Kumar Kothari, proprietor of M/s. Ravindra & Company, as a creditor.
Who may be affected
Advertisement of Petition primarily concerns:
- M/s. V.R. Textiles Private Limited.
- Mr. Sheetal Kumar Kothari and M/s. Ravindra & Company.
- Creditors and contributories of M/s. V.R. Textiles Private Limited.
- Any other person wishing to support or oppose the winding-up petition.
The notification does not announce a land classification, planning restriction, ownership change or property registration requirement. A property buyer or owner is affected only if they have a relevant connection to the company or the winding-up proceedings.
Key dates and requirements
Advertisement of Petition states that:
- The petition was presented to the High Court at Madras on 2 June 2016.
- The petition was fixed for hearing on 13 July 2017.
- A person wishing to support or oppose the petition had to send a signed notice of intention, including their name and address, to the petitioner or the petitioner's advocate.
- The notice had to reach the petitioner or advocate no later than five days before the hearing.
- The person could appear at the hearing personally or through an advocate.
- Any affidavit opposing the petition had to be filed in court, with a copy served on the petitioner or the petitioner's advocate, at least five days before the hearing.
- A creditor or contributory could obtain a copy of the petition from the petitioner's advocate by paying the prescribed charges.
The notice was dated at Chennai on 7 June 2017 and identifies M/s. Surana & Surana and G. Kalyan Jhabakh as advocates for the petitioner. It was also recorded at the High Court, Madras, on 15 June 2017 by K. Varathalakshmi, Joint Registrar, Original Side (Incharge).
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Common questions
Does this Gazette notification change land ownership or planning rules?
No. It advertises a winding-up petition concerning M/s. V.R. Textiles Private Limited and does not state any change to land ownership, classification, planning or registration.
Which company was the winding-up petition against?
The petition was against M/s. V.R. Textiles Private Limited, represented by its Managing Director, at 384, Sathy Main Road, Punjai Puliampatti, Erode, Tamil Nadu.
Who could support or oppose the petition?
Any creditor, contributory or other person wishing to support or oppose the petition could give signed notice to the petitioner or the petitioner's advocate and appear personally or through an advocate.
Could a creditor obtain a copy of the petition?
Yes. The petitioner's advocate would provide a copy to a creditor or contributory on payment of the prescribed charges.
