Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 6 (6 VI 3a)
The Government of Tamil Nadu, through Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 6, dated 8 February 2017, published judicial notices issued by the Court of the Second Additional Subordinate Judge of Erode concerning insolvency petitions. The notices identify creditors, debtors and some purchasers, state that applications have been made to declare specified petitioners or respondents insolvent, and give the dates on which the petitions were posted before the court.
What the gazette contains
Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 6, dated 8 February 2017, contains insolvency petition notices from the Court of the Second Additional Subordinate Judge of Erode. The notices were issued under section 19(2) of the Provincial Insolvency Act and signed by Second Additional Subordinate Judge S. Ravi Shankar on 3 February 2017.
The publication gives public notice that creditors or debtors have asked the court to declare particular persons insolvent. It records pending applications and hearing dates. It does not state that any person has already been declared insolvent.
Who may be affected
The judicial notices directly concern the named petitioners and respondents. These include creditors, debtors and, in some petitions, persons identified as purchasers. A buyer or property professional dealing with a named person may therefore wish to note the existence of the relevant pending insolvency petition, although the gazette does not describe any specific land or decide any property right.
Petitions and posting dates
The Court of the Second Additional Subordinate Judge of Erode published the following information:
- Insolvency Petition No. 14 of 2015, filed by K.P. Sivakumar against K. Muralidharan and others, was posted to 17 April 2017.
- A petition filed by R. Annadurai against K. Muralidharan and others was posted to 17 April 2017.
- Insolvency Petition No. 18 of 2015, filed by N. Easwaramoorthy against Suresh and others, was posted to 17 February 2017.
- Insolvency Petition No. 22 of 2015, involving N. Mahendran and others against S. Ramasamy and others, was posted to 3 March 2017.
- Insolvency Petition No. 23 of 2015, involving P. Ravichandran and others against A. Duraisamy and others, was posted to 17 April 2017.
- Insolvency Petitions Nos. 24, 27, 28 and 29 of 2015 were debtor applications posted to 3 March 2017.
Practical significance
Tamil Nadu Government Gazette, Part VI, Section 3(a), No. 6 provides notice of pending court proceedings only. It does not report the final outcome of any listed petition or state that land belonging to a named person has been transferred, attached or otherwise affected.
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Common questions
Does this gazette declare the named debtors insolvent?
No. It says applications were made asking the court to declare specified persons insolvent and gives the dates on which the petitions were posted.
Does the gazette identify any particular property affected by the petitions?
No. The notices identify parties and addresses, but they do not describe any specific land or state that a property right has been decided.
Why are some purchasers named in these notices?
Some respondents are identified as debtors or purchasers in the published case descriptions. The notices do not explain the transactions or determine the purchasers' rights.
Which court issued the insolvency notices?
The notices were issued by the Court of the Second Additional Subordinate Judge of Erode and signed by Second Additional Subordinate Judge S. Ravi Shankar.
