Tamil Nadu Government Gazette, No. 41, Part VI, Section 3(a), 19 October 2016
The Government of Tamil Nadu published Gazette Number 41, dated 19 October 2016, containing judicial notifications from the Court of the Subordinate Judge of Tiruchengode about insolvency petitions and scheduled hearing dates. The notices identify petitioners, debtors, creditors, respondents and some purchasers in Namakkal, Salem and other districts. No department or government order number is stated.
What the Gazette issue contains
The Government of Tamil Nadu published Gazette Number 41 on 19 October 2016. Part VI, Section 3(a) covers notifications issued by cost recoverable institutions of the State and Central Governments. Its contents list judicial notifications concerning insolvency petitions on pages 98 to 107 and advertisements of petitions under ordinary original jurisdiction on page 108.
The supplied text contains notices signed by A. M. Ravi, Subordinate Judge, from the Court of the Subordinate Judge of Tiruchengode. The notices were dated 6 October 2016 and relate to proceedings under the Provincial Insolvency Act.
What the judicial notices do
The Court of the Subordinate Judge of Tiruchengode gives public notice that insolvency petitions have been filed. The petitions seek to have identified debtors adjudged insolvent. The notices provide names, ages in some cases, occupations or business descriptions, addresses, the roles of the parties and the dates on which petitions were posted before the court.
The Gazette issue does not report final decisions on the petitions. It only records the filing of proceedings and their scheduled dates.
Who may be affected
The insolvency notifications directly concern the named petitioners, debtors, creditors, respondents and purchasers. Many addresses are in Komarapalayam and Tiruchengode in Namakkal District, with other parties in Salem, Karur and Madurai districts.
A property buyer should note that I.P. No. 30 of 2015 names B. Nallakumar as petitioner and creditor, Bakkiyam as the first respondent and debtor, and K. Senthilkumar as a respondent and purchaser. Another listed proceeding also describes certain parties as purchasers. The supplied text does not identify the property involved or state how the proceedings were ultimately resolved.
Key dates and proceedings
- D. No. 947 of 2016 records an insolvency petition involving S. Nanthakumar and N. Saraya and states that it was posted to 18 November 2016.
- A notice involving A. Shanmugam and Palaniammal states that the petition was posted to 21 October 2016.
- D. No. 949 of 2016 names M. Jayanthi as petitioner and debtor, with creditors including Indian Overseas Bank and several finance businesses.
- D. No. 951 of 2016, I.P. No. 30 of 2015, states that the petition concerning B. Nallakumar, Bakkiyam and K. Senthilkumar was posted to 18 November 2016.
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Common questions
Does this Gazette issue change any Tamil Nadu land or property rule?
No change to a land or property rule is stated. The supplied text publishes court notices about insolvency petitions and identifies the parties and scheduled hearing dates.
Could these insolvency notices affect a property purchaser?
A purchaser named in a proceeding may be directly concerned. I.P. No. 30 of 2015 identifies K. Senthilkumar as a respondent and purchaser, but the supplied text does not describe the property or give the final outcome.
Were the debtors declared insolvent by these notices?
The notices say that petitions were filed seeking to have debtors adjudged insolvent. They do not state that a final declaration was made.
Are the hearing dates in this Gazette still current?
The listed dates are 21 October 2016 and 18 November 2016. The supplied text gives no later status or result for the proceedings.
