Insolvency Petition, I.P. No. 1 of 2010
The Principal Subordinate Judge of Tenkasi issued Notification No. VI-3(a)/62/2011, dated 19th August 2011, in I.P. No. 1 of 2010, giving notice that Chandran had applied to be adjudged insolvent and that the petition was listed for hearing on 14th October 2011. The Director of Stationery and Printing, Chennai, published the notice on behalf of the Government of Tamil Nadu in the Tamil Nadu Government Gazette dated 14th September 2011.
What the notification does
Notification No. VI-3(a)/62/2011 is a public notice from the Court of the Principal Subordinate Judge of Tenkasi concerning I.P. No. 1 of 2010. It states that Chandran, son of Ponniah, had applied to the court asking to be adjudged insolvent. Notice was given under Section 19(2) of the Provincial Insolvency Act, and the petition was posted for hearing on 14th October 2011.
The notification is dated 19th August 2011 and bears the name of S. Rajavel, Principal Subordinate Judge. It was published by the Director of Stationery and Printing, Chennai, on behalf of the Government of Tamil Nadu.
Who is identified
The insolvency petition identifies:
- Chandran, aged 40 years, residing at Krishnan Koil Street, Kadappokathi, Gunaramanallur Village, Tenkasi Taluk, as the petitioner.
- Rajasekar, Navaneethakrishnan, Mahalingam, Rengarajan, Yogamuthu, Ramar and Senthamarai as respondents.
- Virudhunagar District Sivakasi Ratna Vilas Bus Stop, Virudhunagar Co-operative Society Bank, through its Branch Manager, as a respondent.
- Sapthakiri Finance, through its owner, at Sathur Bus Stand in Virudhunagar District, as a respondent.
Key points
The Court of the Principal Subordinate Judge of Tenkasi gave notice only of the filing and scheduled hearing. The notification:
- Records the petitioner's request to be adjudged insolvent.
- Names nine respondents connected with the proceeding.
- Fixes 14th October 2011 as the hearing date.
- Does not state whether the petitioner was ultimately adjudged insolvent.
- Does not describe any land, building, survey number or property transaction.
Relevance to property owners and buyers
Notification No. VI-3(a)/62/2011 does not announce a land acquisition, planning change, ownership transfer or restriction affecting a specified property. Its direct relevance is to Chandran and the named respondents in the insolvency proceeding. A property buyer cannot use the notification alone to determine the later outcome of the case or the status of any asset, because no decision or property details are included.
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
Was Chandran declared insolvent by this notification?
No result is recorded. The notification only says that Chandran applied to be adjudged insolvent and that the petition was posted for hearing on 14th October 2011.
Does the notification affect a particular property in Tamil Nadu?
No particular land or building is identified. The notification contains no survey number, property description or ownership transfer.
Which court handled the insolvency petition?
I.P. No. 1 of 2010 was before the Court of the Principal Subordinate Judge of Tenkasi.
Why were the respondents named in the Gazette?
They were listed as respondents in the insolvency petition. The notification gave public notice of the petition and its scheduled hearing.
