Insolvency Petitions (37 VI 3 a v2)
The Court of the Subordinate Judge of Tiruchengode, through G. Raja, Subordinate Judge, issued Notification numbers VI-3(a)/123/2012, VI-3(a)/124/2012, VI-3(a)/127/2012 and VI-3(a)/128/2012 on 12 September 2012, together with other insolvency petition notices reproduced in the Government of Tamil Nadu Gazette on 19 September 2012. The notices identify insolvency petitions, the petitioners and respondents involved, and the posting date of 9 November 2012, including one petition seeking to vest properties described as the B schedule with the Official Receiver, Namakkal.
What the Gazette notices cover
The insolvency notices issued by the Court of the Subordinate Judge of Tiruchengode concern petitions filed under the Provincial Insolvency Act. They were published in Part VI, Section 3(a) of the Government of Tamil Nadu Gazette, which contains notifications issued by cost recoverable institutions of the State and Central Governments.
The notices record that the listed petitions were posted to 9 November 2012. They report the filing and scheduling of petitions rather than the final result of the proceedings.
People and proceedings affected
The insolvency petitions involve named creditors, debtors and respondents from Namakkal, Salem, Vilupuram and Erode districts, including persons and textile businesses. The published matters include:
- Notification number VI-3(a)/123/2012, involving N. Nallaian and respondents Devaraj and Soundaram.
- Notification number VI-3(a)/124/2012, involving K. Palanimuthu and respondents E. Rajamanickam and A. Krishnaveni.
- Insolvency Petition number 10 of 2011, filed by P. Mani against M. Amsaveni and M. Sivakumar.
- A debtor petition involving C. Kandasamy and several listed creditors.
- Notification number VI-3(a)/127/2012, involving Komarasamy and respondents R.R. Ramesh and Kannammal.
- Notification number VI-3(a)/128/2012, involving Sri Jayalakshmi Textiles and respondents Sri Palanimurugan Textiles, Udayaraj and G. Krishnan.
Property implications
Insolvency Petition number 10 of 2011 seeks to have the first respondent adjudged insolvent and to direct that properties described as the B schedule be vested with the Official Receiver, Namakkal. The Gazette text does not reproduce the B schedule or identify the affected properties.
The remaining notices state that insolvency adjudication was sought, but they do not provide a final court decision or record that any named person was declared insolvent. A property buyer, owner or professional is directly affected only if connected with a named party or property involved in these proceedings. The published text alone does not provide property survey numbers, boundaries or title details.
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Common questions
Does this Gazette declare any of the named people insolvent?
No final declaration is recorded in the supplied text. The notices state that insolvency petitions were filed and posted to 9 November 2012.
Does the document identify the property sought to be vested with the Official Receiver?
It refers to properties in the B schedule in Insolvency Petition number 10 of 2011, but the supplied Gazette text does not reproduce that schedule or give property details.
Who issued these insolvency notices?
G. Raja, Subordinate Judge of Tiruchengode, issued the notices on 12 September 2012. They were published in the Government of Tamil Nadu Gazette on 19 September 2012.
When were the insolvency petitions scheduled to be heard?
The published notices state that the petitions stood posted to 9 November 2012.
