Tamil Nadu Government Gazette, No. 43, Part VI, Section 3(a), 2 November 2016
The Government of Tamil Nadu published Tamil Nadu Government Gazette No. 43, Part VI, Section 3(a), dated 2 November 2016, through the Director of Stationery and Printing. It gives public notice of an insolvency petition before the Subordinate Judge of Tiruchengode and a company winding-up petition before the High Court of Judicature at Madras, but does not change land ownership, classification or development rules.
What the Gazette contains
Tamil Nadu Government Gazette No. 43, Part VI, Section 3(a), dated 2 November 2016, contains judicial notifications issued through two courts. The notices inform named parties and the public about pending proceedings and explain how objections or support may be submitted.
The Gazette does not announce a land acquisition, change of land use, planning restriction, property tax measure or transfer of title. It may still be relevant where a person, business or company involved in a property transaction is named in one of the proceedings.
Insolvency petition at Tiruchengode
The Court of the Subordinate Judge of Tiruchengode issued the notice identified as D.No. 1070/2016.
Key details are:
- Sree Murugan Textiles, represented by proprietor P. Shanmugalingam, and Sri Venkatesaa Textiles, represented by proprietor K.S. Venkatesh, are the petitioners and debtors.
- The petition asks the court to adjudge the petitioners and debtors as insolvent.
- The notice lists 70 persons, textile businesses, dyeing businesses and banks connected with the proceeding.
- The petition was posted to 16 December 2016.
- An affidavit opposing the petition had to be filed in court, with a copy served on the petitioner or advocate, not less than five days before the hearing date.
The notice was signed by A.M. Ravi, Subordinate Judge, at Tiruchengode on 25 October 2016.
Winding-up petition at Madras
The High Court of Judicature at Madras issued the advertisement identified as Roc.No. 5689/2016 (O.S.) and No. VI-3(a)/115/2016.
Key details are:
- Kotak Mahindra Bank Limited is the petitioning creditor.
- Ravishankar Industries Private Limited is the respondent company.
- The petition seeks winding up of the respondent company.
- The petition had been presented on 9 November 2011 and was directed to be heard on 14 November 2016.
- A creditor, contributory or other person wishing to support or oppose the petition had to notify the petitioner or its advocate not later than five days before the hearing and appear personally or through an advocate.
- A copy of the petition was available to a creditor or contributory on payment of the prescribed charges.
Relevance to property transactions
Tamil Nadu Government Gazette No. 43 does not itself create or remove rights over land. A buyer, owner or professional may need to note it only if a transaction involves one of the named debtors, businesses, banks or the respondent company.
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 notification change ownership or permitted use of any land?
No. Tamil Nadu Government Gazette No. 43 contains notices about insolvency and company winding-up proceedings, not land ownership, land classification or permitted use.
Who filed the insolvency petition in Tiruchengode?
Sree Murugan Textiles, represented by proprietor P. Shanmugalingam, and Sri Venkatesaa Textiles, represented by proprietor K.S. Venkatesh, are identified as the petitioners and debtors.
Which company was the subject of the winding-up petition?
Ravishankar Industries Private Limited was the respondent company. Kotak Mahindra Bank Limited was the petitioning creditor.
Does the Gazette record a final insolvency or winding-up decision?
No. It gives notice of pending petitions and their hearing dates. It does not state that either petition had been finally decided.
