Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 41, 2017
The Government of Tamil Nadu published Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 41 on 11 October 2017, containing judicial notifications from the subordinate courts at Namakkal and Tenkasi about insolvency petitions. Notification Number VI-3(a)/95/2017 concerns a petition to have K. Mani declared insolvent, while the Tenkasi notice concerns Poornapandi's application to be declared insolvent.
What the Gazette contains
The Government of Tamil Nadu published Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 41 on 11 October 2017. It was printed and published by the Director of Stationery and Printing, Chennai, on behalf of the Government of Tamil Nadu. The relevant pages give public notice of insolvency proceedings before subordinate courts at Namakkal and Tenkasi.
The Gazette records petitions and the dates on which they were posted before the courts. It does not state that either person had already been declared insolvent.
Namakkal insolvency petition
Notification Number VI-3(a)/95/2017 relates to proceedings in the Court of the Subordinate Judge of Namakkal.
Key details are:
- The petitioners are K. Ravichandran and S. Karuppannan, both of Namakkal Taluk and District.
- The respondents are K. Mani, Brindha, minor Logesh Vijay represented by his father Kumar, and minor Barani Prasanth represented by his father Kumar.
- The petition seeks to have the first respondent, K. Mani, declared insolvent.
- Notice was given under Sections 6 and 9 of the Provincial Insolvency Act.
- The petition was posted to 8 November 2017.
Tenkasi insolvency petition
The judicial notification from the Court of the Principal Subordinate Judge, Tenkasi, identifies Poornapandi, son of Maruthaiah Nadar, as the petitioner. It lists 17 respondents, including individuals and businesses in Tenkasi, Idaikal, Shencottah, Tuticorin and Rajapalayam.
Key details are:
- Poornapandi applied to the court to have himself declared insolvent.
- Notice was given under Section 19(2) of the Provincial Insolvency Act.
- The listed respondents include Hamaludeen Stores, Balaji Finance, S.K. Finance, Shanmuga Finance and Senthoor Finance, along with named individuals.
- The petition was posted to 23 November 2017.
- The notice states that it was dated 1 September 2017.
Who may be affected
The Gazette directly concerns the named petitioners and respondents, including the listed finance firms and other businesses. Anyone checking the financial or legal position of K. Mani or Poornapandi should note that the Gazette reports pending insolvency applications, not a final decision declaring either person insolvent.
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Common questions
Does the Gazette say that K. Mani was declared insolvent?
No. Notification Number VI-3(a)/95/2017 says that a petition was filed seeking to have K. Mani declared insolvent and was posted to 8 November 2017.
Why is Poornapandi named in the Tenkasi notice?
Poornapandi applied to the Court of the Principal Subordinate Judge, Tenkasi, to have himself declared insolvent. The petition was posted to 23 November 2017.
Does the Gazette contain a final court decision on either petition?
No final decision is recorded in the supplied text. It gives notice of the applications and their posting dates.
Which businesses are named in the Tenkasi insolvency notice?
The notice names Hamaludeen Stores, Sri Ramajeyam Chit Fund, Annai Transport, Balaji Finance, S.K. Finance, Shanmuga Finance and Senthoor Finance.