Tamil Nadu Government Gazette No. 49, Part VI, Section 3(a)
The Government of Tamil Nadu published Tamil Nadu Government Gazette No. 49, Part VI, Section 3(a), on 5 December 2018. Its Judicial Notifications, issued by the Sub Court, Namakkal, and signed by Principal Subordinate Judge M.E. Padma on 28 November 2018, give public notice of insolvency petitions involving named persons and properties, with the petitions posted to 21 January 2019.
What the gazette contains
Tamil Nadu Government Gazette No. 49, Part VI, Section 3(a), is a collection of Judicial Notifications concerning insolvency petitions. The notices come from the Sub Court, Namakkal, and were signed by Principal Subordinate Judge M.E. Padma on 28 November 2018.
The published notices identify petitioners and respondents, provide addresses, explain the relief requested in each petition and state that the petitions were posted to 21 January 2019. They are notices of pending petitions, not statements that every person named has already been declared insolvent.
Property related provisions
The insolvency petitions include requests that could affect control of property:
- Several petitioners ask the court to adjudge a petitioner or respondent as insolvent.
- Some petitions request appointment of an Official Receiver and vesting of the relevant properties with that receiver.
- One petition asks for the Official Receiver to take possession of properties belonging to respondents 1 and 2.
- Insolvency Petition No. 31 of 2000 seeks sale of the petitioner's listed properties and distribution of the proceeds among creditors according to law.
- Insolvency Petition No. 4 of 2015 seeks to have the petitioner declared insolvent and his properties vested with the Official Receiver, Namakkal.
- Another published petition challenges sale deeds registered at the Namakkal Joint 1 Sub Registrar Office as document numbers 2423 of 2014 and 2532 of 2014. It also seeks transfer of the petition property to the Official Receiver.
Who may be affected
Tamil Nadu Government Gazette No. 49 may directly affect the named petitioners, respondents, creditors, finance businesses and banks. It may also matter to a buyer, owner or professional dealing with a property connected to one of the listed insolvency petitions.
A person checking such a property should note that the gazette records requests for court orders affecting ownership, possession, sale or control of property. The source text does not state the final outcome of the petitions.
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 the gazette mean that every named person was declared insolvent?
No. The notices state that insolvency petitions were filed and posted to 21 January 2019. The source text does not give the final decisions.
Can a property mentioned in these petitions be placed under an Official Receiver?
Yes, if the court grants the relevant request. Several petitions seek vesting or possession of properties with the Official Receiver.
Does the gazette challenge any registered sale deeds?
Yes. One petition seeks findings against sale deeds registered at the Namakkal Joint 1 Sub Registrar Office as document numbers 2423 of 2014 and 2532 of 2014.
When were the insolvency petitions listed for hearing?
The notices state that the petitions were posted to 21 January 2019.
