Advertisement of Petition (51 VI 3 a v2)
The High Court of Judicature at Madras issued Notification No. VI-3(a)/275/2009, dated 10 December 2009 and published in the Tamil Nadu Government Gazette on 30 December 2009, giving notice of a petition to wind up M/s. Selvarani Cotton Mills (Private) Limited. The petition was filed by M/s. Laxminarayan Cotton Company as a creditor and was scheduled for hearing on 4 January 2010.
What the notification covers
Notification No. VI-3(a)/275/2009 is an advertisement of a company winding-up petition before the High Court of Judicature at Madras. It appears under the Companies Act, 1965, in Company Petition No. 383 of 2003 and carries the court reference Roc. No. 6908/2009(O.S).
The parties named are:
- Petitioner: M/s. Laxminarayan Cotton Company, represented by its partner, Mr. Satyanarayan Bung, Shorapur, District Gulbarga, Karnataka State.
- Respondent: M/s. Selvarani Cotton Mills (Private) Limited, 20/21, Raja Shanthi Illam, Dindigul, Tamil Nadu.
The petition was presented on 3 November 2003 by Mr. Satyanarayan Bung as a creditor. It sought the winding up of M/s. Selvarani Cotton Mills (Private) Limited. The source records a hearing date of 4 January 2010.
Who could participate
The Advertisement of Petition allowed any creditor, contributory or other person to support or oppose the making of a winding-up order. A person wishing to participate was required to:
- Send signed notice of the intention to support or oppose the petition to the petitioner or the petitioner's advocate.
- Include the person's name and address.
- Ensure that the notice reached the petitioner or advocate not later than five days before the hearing date.
- Appear at the hearing personally or through an advocate.
An affidavit intended to oppose the petition also had to be filed in court, with a copy served on the petitioner or the petitioner's advocate, not less than five days before the hearing date.
Relevance to property matters
The Advertisement of Petition does not identify any land, building, survey number or property transaction. It does not itself record that a winding-up order was made, and it does not state that any property belonging to M/s. Selvarani Cotton Mills (Private) Limited was transferred, attached or sold.
A buyer or professional reviewing a transaction involving the named company should understand that the publication records a winding-up petition and an opportunity for interested persons to participate. The source provides no later outcome of the petition.
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 notification show that Selvarani Cotton Mills was wound up?
No. Notification No. VI-3(a)/275/2009 only advertises a petition seeking winding up and gives a hearing date. It does not record the court's final decision.
Does the notification affect a specific property in Dindigul?
No specific land or building is identified. The Dindigul address is given as the respondent company's address, but the source does not describe any property transfer, attachment or sale.
Who was allowed to support or oppose the winding-up petition?
Any creditor, contributory or other person could support or oppose the requested order by giving the required notice and appearing personally or through an advocate.
Could a creditor obtain a copy of the petition?
Yes. The advertisement states that a copy would be furnished to any creditor or contributory on payment of the prescribed charges.