primary law

Advertisement of Petition, Company Petition No. 323 of 2015

The High Court of Judicature at Madras, Ordinary Original Jurisdiction, issued Notification No. VI-3(a)/72/2016, published in the Tamil Nadu Government Gazette on 6 July 2016, advertising a petition to wind up Surana Corporation Limited. The notice gives creditors, contributories and other interested persons an opportunity to support or oppose the petition before its hearing on 18 July 2016.

Category
Gazette notifications
Pages
2
Status
In force
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What the notification covers

The High Court of Judicature at Madras, Ordinary Original Jurisdiction, published an advertisement concerning Company Petition No. 323 of 2015. Notification No. VI-3(a)/72/2016 appears in Part VI, Section 3(a) of the Tamil Nadu Government Gazette dated 6 July 2016.

The petition concerns the proposed winding up of Surana Corporation Limited under the Companies Act, 1956. The company is stated to have its registered office at No. 29, Second Floor, Whites Road, Royapettah, Chennai, Tamil Nadu 600 014.

Parties and hearing

New Zone Inter Trade FZE, a company incorporated under the laws of the United Arab Emirates and registered in Hamriyah Free Zone, Sharjah, is the petitioner. Surana Corporation Limited is the respondent.

Key details are:

  • The winding up petition was presented to the High Court at Madras on 29 June 2015.
  • The petition was listed for hearing on 18 July 2016.
  • The advertisement is dated at Chennai on 22 June 2016.
  • The Joint Registrar, Original Side, High Court of Judicature at Madras, is identified with the date 30 June 2016.

Who may respond

Any creditor, contributory or other person wishing to support or oppose a winding up order was required to notify the petitioner or the petitioner's advocate. The notice had to be signed by the person or advocate, include a name and address, and reach the petitioner or advocate no later than five days before the hearing date.

A person wishing to participate was also required to appear at the hearing personally or through an advocate. Any affidavit intended to oppose 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.

Relevance to property matters

Notification No. VI-3(a)/72/2016 does not announce a land classification, planning change, acquisition or property registration requirement. It may still be relevant to anyone dealing with Surana Corporation Limited, including a creditor or other interested party, because it records that a winding up petition was pending and invited participation in the court proceedings.

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 change the status or permitted use of any land?

No land classification, planning change, acquisition or permitted land use is stated. The notification advertises a petition to wind up Surana Corporation Limited.

Which company was the subject of the winding up petition?

The petition concerned Surana Corporation Limited, whose registered office was stated as No. 29, Second Floor, Whites Road, Royapettah, Chennai, Tamil Nadu 600 014.

Could a creditor support or oppose the petition?

Yes. A creditor, contributory or other interested person could give signed notice to the petitioner or the petitioner's advocate and appear personally or through an advocate.

Could an interested person obtain a copy of the petition?

Yes. The notice states that a copy would be provided to any creditor or contributory on payment of the prescribed charges.