primary law

Insolvency Petitions (5 VI 3 a v2)

The Tamil Nadu Government Gazette, Part VI, Section 3(a), published by authority on Wednesday, February 6, 2013, carries insolvency petition notices issued by the Court of the Subordinate Judge of Tiruchengode and the Court of the Subordinate Judge of Coimbatore. These notices name individual petitioners, debtors, creditors and respondents, and state that petitions have been filed under the Provincial Insolvency Act or the Provisional Insolvency Act, with hearing or enquiry dates fixed by the courts.

Category
Gazette notifications
Pages
16
Status
In force
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What this gazette page is

The Tamil Nadu Government Gazette, Part VI, Section 3(a), published by authority on Wednesday, February 6, 2013, contains court notices titled Insolvency Petitions. The notices are issued under notifications by heads of departments and include cases from the Court of the Subordinate Judge of Tiruchengode and the Court of the Subordinate Judge of Coimbatore.

What it does

These notices publicly announce that insolvency petitions have been filed in court.

Key points shown in the notices are:

  • the name and address of the petitioner, described in different cases as petitioner, petitioner debtor or petitioner creditor
  • the names and addresses of respondents, debtors or creditors
  • the law cited for the filing, namely the Provincial Insolvency Act or the Provisional Insolvency Act
  • the next court date, either as a posting date for the petition or as a date for enquiry before the court

Who it affects

This gazette matters mainly to the people and institutions named in the notices.

Those named include:

  • individual borrowers, debtors, creditors and respondents in Namakkal, Tiruchengode, Pallipalayam, Erode, Salem and Coimbatore
  • financial entities such as Ujjivan Financial Service Private Limited, Smile Micro Finance Pallipalayam Branch, City Bank and M/s. Karur Vaisya Bank
  • anyone checking whether a person or business has been involved in an insolvency proceeding published in the Gazette

Cases listed in these pages

The Tiruchengode court notices state that petitions stand posted to 8-3-2013 in multiple matters, including petitions involving Murugesan, Bhuvaneshwari, R. Anusuya, Balasubramaniam and Senthikumar.

The Coimbatore court notices include:

  • No. VI-3(a)32/2013, filed by Shri. Duraisamy, with enquiry posted on 22nd February 2013
  • No. VI-3(a)33/2013, filed by C.N. Sivasubramanian, with enquiry posted on 14th March 2013

Why a property buyer or owner may care

The gazette pages do not decide ownership or transfer any property. They are public notices that a court insolvency process has been started or listed for hearing.

If a person, lender or business you deal with is named here, you may want to note:

  • the exact name and address published
  • whether the person is shown as debtor, creditor, petitioner or respondent
  • the court handling the matter, Tiruchengode or Coimbatore
  • the hearing or enquiry date mentioned in the notice

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 itself declare someone insolvent?

No. The notices say that a petition has been filed to adjudge the petitioner as an insolvent, and they give the date to which the matter stands posted or the date fixed for enquiry.

Which courts issued the notices in these pages?

The notices shown here are from the Court of the Subordinate Judge of Tiruchengode and the Court of the Subordinate Judge of Coimbatore, including the I Additional Subordinate Judge, Coimbatore.

Are any banks or finance companies named in these notices?

Yes. The pages name Ujjivan Financial Service Private Limited, Smile Micro Finance Pallipalayam Branch, City Bank and M/s. Karur Vaisya Bank.

Why would a property buyer check a notice like this?

These pages are public court notices about insolvency petitions. If a seller, borrower, creditor or business connected to a transaction is named, the notice shows that insolvency proceedings were filed and gives the court and hearing details.