Insolvency Petitions, No. VI-3(a)/43/2019
The Sub Court, Gobichettipalayam, through M. Anuradha, Sub Judge, issued Notification No. VI-3(a)/43/2019 dated January 25, 2019, and it was published by the Government of Tamil Nadu in the Tamil Nadu Government Gazette dated January 30, 2019. The notification gives public notice that N.M. Anbarasu's application to be declared insolvent, registered as Insolvency Petition No. 8 of 2015, was pending and had been posted for hearing on March 6, 2019. It does not itself declare the petitioner insolvent or state that any land right has changed.
What the notification does
Notification No. VI-3(a)/43/2019 is a judicial notice from the Sub Court, Gobichettipalayam, signed by M. Anuradha, Sub Judge, at Gobichettipalayam on January 25, 2019. The Director of Stationery and Printing, Chennai, published it on behalf of the Government of Tamil Nadu in Part VI, Section 3(a) of the Tamil Nadu Government Gazette dated January 30, 2019.
The notification informs the public that N.M. Anbarasu filed an application asking the court to declare him insolvent. The court registered the matter as Insolvency Petition No. 8 of 2015, and the petition remained pending when the notice was issued. The notice states that the matter was posted for hearing on March 6, 2019.
People and organisations named
Notification No. VI-3(a)/43/2019 identifies:
- N.M. Anbarasu, approximately 49 years old, as the petitioner and proposed insolvent. His address is given in Lakkampatti Village, L. Kallipatti, Gandhipuram, Gobichettipalayam Taluk, Erode District.
- Shriram Transport Finance Company Limited as the first respondent. Its registered office is stated to be at Mookabika Complex, Lady Desika Road, Mylapore, Chennai, with a branch office at Old Police Station Street, Saravana Theater Road, Gobichettipalayam.
- Two individual respondents residing at addresses in Siruvalur Village and Thadapalli Village in Erode District.
Key points for property owners and buyers
Notification No. VI-3(a)/43/2019 is an insolvency proceeding notice, not a land classification, acquisition, planning or ownership notification.
- The notice says the petition was filed under sections 7, 10 and 13 of the insolvency law.
- The petitioner asked to be declared insolvent, but the notice does not say that the court granted that request.
- No survey number, property transfer, attachment, sale or change in land ownership is stated.
- A person considering a transaction involving the named petitioner may note that an insolvency petition was pending on the publication date. The notification does not provide the result of the scheduled hearing.
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Common questions
Does this notification declare N.M. Anbarasu insolvent?
No. It says that N.M. Anbarasu applied to be declared insolvent and that Insolvency Petition No. 8 of 2015 was pending.
When was the insolvency petition scheduled for hearing?
The notification states that the petition was posted for hearing on March 6, 2019.
Does the notification transfer or affect ownership of any specific land?
The notification does not identify a survey number or state that any land was transferred, attached, sold or otherwise affected.
Which court issued the insolvency notice?
The notice was issued by the Sub Court, Gobichettipalayam, through M. Anuradha, Sub Judge, and published in the Tamil Nadu Government Gazette.
