Tamil Nadu Government Gazette, No. 41, Part VI, Section 3(a), 7 October 2020
The Government of Tamil Nadu, through the Commissioner of Stationery and Printing, Chennai, published Tamil Nadu Government Gazette No. 41, Part VI, Section 3(a), dated 7 October 2020. It gives public notice of four insolvency petitions before the Subordinate Courts at Omalur and Erode, identifying the petitioners, respondents or creditors, and the dates on which the petitions were posted. It does not announce a land law, title change or decision affecting property generally.
What the gazette contains
Tamil Nadu Government Gazette No. 41, Part VI, Section 3(a), dated 7 October 2020, contains judicial notifications under the Provincial Insolvency Act. The notices were issued from the Court of the Subordinate Judge of Omalur and the Court of the Second Additional Subordinate Judge of Erode.
The notifications report that debtors or petitioners applied to be adjudged insolvent. They provide names and addresses so that identified respondents and creditors receive public notice of the proceedings.
Petitions listed
The judicial notifications cover the following matters:
- Insolvency Petition No. 1 of 2018 before the Subordinate Court, Omalur. K. Shankar is the petitioner. The listed respondents include Oriental Insurance Company Limited, Thambidurai and Perumal. The notice refers to Sections 10 and 13 of the Provincial Insolvency Act and states that the petition was posted to 9 October 2020.
- Insolvency Petition No. 12 of 2018 before the Subordinate Court, Omalur. D. Gobinath is the petitioner, with Sri Vinayaga Finance and several individuals listed as respondents. The notice refers to Sections 10 and 13 and states that the petition was posted to 9 October 2020.
- Insolvency Petition No. 28 of 2019 before the Second Additional Subordinate Court, Erode. M. Kamalakannan, proprietor of TMR Dye Chem, is identified as the petitioner or debtor. HOB Financial Services and five others are identified as respondents or creditors. The petition was posted to 25 November 2020.
- Insolvency Petition No. 29 of 2019 before the Second Additional Subordinate Court, Erode. Sunrise Foods and Products, represented by proprietor A. Chandrasekar, is the petitioner or debtor. Way Cool Foods and Products Private Limited and twelve others are respondents or creditors. The petition was posted to 25 November 2020.
Effect on property owners and buyers
Tamil Nadu Government Gazette No. 41 does not identify any parcel of land or record a transfer, acquisition, attachment or title change. It may be relevant to a property transaction only where a named petitioner, debtor, respondent or creditor is involved.
What the notices establish
The notifications establish only that insolvency applications were filed and posted before the courts. They do not state that any petitioner was ultimately adjudged insolvent, and they do not provide the later status or outcome of the 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 gazette change ownership or title to any land?
No land parcel or title change is identified. The gazette publishes notices of insolvency petitions before courts at Omalur and Erode.
Were the petitioners declared insolvent by these notices?
The notices only state that applications were made to adjudge the petitioners insolvent. They do not report a final decision.
Which hearing dates are recorded in the gazette?
The Omalur petitions were posted to 9 October 2020. The Erode petitions were posted to 25 November 2020.
Could this matter affect a property purchase?
The gazette does not impose a general property restriction. It may be relevant if a buyer is dealing with one of the named petitioners, debtors, respondents or creditors.
