Official Assignee v. S.H.Madanlal
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(IN INSOLVENCY) WEDNESDAY, THE 12TH DAY OF JANUARY 2022 THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY APPLN. Nos.2 to 9 of 2022 in IP.Nos.1 of 2019, 2 and 6 of 2021, 7 of 2018, 7 of 2019, 10 and 23 of 2018 and 42 of 2016 IP.NO.1 of 2019 Yash Bhadresh Metha, Flat No.8063, Lumbini Square, Old Door No.127A, New Door No.176, Bricklin Road, Purasawakkam, Chennai - 600 007.
...Petitioning Creditor -VsS.H. Madanlal, carrying on business under the name and style of Susheel Agencies, at Old Door No.144, New Door No.299, Thambu Chetty Street, Chennai - 600 001.
...Debtor.
I.P.No.2 of 2021:- T. Vijayakumar, S/o. Thangadurai, residing at No.45/B, Rathinasabapathy Street, First Floor, Old Washermenpet, Chennai - 600 021.
... Petitioner/Debtor I.P.No.6 of 2021:- Mrs.Nagarathinam Dhanalakshmi, 8th Floor, Block No.31, Samson Tower, Pantheon Road, And casa major road, Egmore Village,
Chennai - 600 008.
... Petitioner/Debtor IP.No.7 of 2018:- G. Kannan, S/o. Late D.Gopalakrishna, Residing at Door No.131, New Door No.22, Varada Muthiappan Street, Seven Hills, Mannady, Chennai - 600 001.
...Petitioner/Debtor
IP.No.7 of 2019:- M.Vishnu Kumar, S/o. Late.E.Muthu, Residing at No.144/E, Block, Gandhi Nagar, ICF Colony, New Avadi Road, Chennai - 600 038.
...Petitioner/Debtor
IP.No.10 of 2018:- S.Rajini, W/o. S.Srinivasan, No.573-B, 27th Lane, TNHB Colony, Velachery, Chennai - 600 042.
...Petitioner/Debtor
IP.NO.23 of 2018:- S.Dhanasekaran alias S.Sanjay, S/o. S.Santhanam, Door No.48/66, Kappal Polu Chetty Street, Old Washermenpet, Chennai - 600 021.
...Petitioner/Debtor
IP.No.42 of 2016:- T.Kishore, S/o.T.Balarama Reddy,
Residing at No.64-A, Ground Floor, Kaliamman Koil Street, Virugambakkam, Chennai 600 092.
... Petitioner / Debtor Appln No.2 of 2022 in I.P.No.1 of 2019:
Official Assignee, High Court, Madras.
...Applicant -VsS.H.Madanlal
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale held on 29.12.2021 in respect of the two wheeler vehicle TN-04-AT-6229 Honda Activa (2017 along with RC Book), for a sum of Rs.31,000/-, in favour of Mr. B.Ravichandran, residing at No.17, Srinivasa Nagar, Vinayagapuram, Chennai - 600 099. Appln.No.3 of 2022 in I.P.No.2 of 2021:- Official Assignee, High Court, Madras.
...Applicant -VsT.Vijayakumar
...Respondent/ Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale held on 29.12.2021 in respect of two wheeler Suzuki Slingshot bearing Registration No. TN-03-E-6303 for a sum of Rs.9,000/- in favour of Mr.Janakiraman, residing at No.41, Chelli amman
Koil Street, V.O.C. Nagar, Tondiarpet, Chennai - 600 081. Appln.No.4 of 2022 in I.P.No.6 of 2021:- Official Assignee, High Court, Madras.
...Applicant -VsNagarathinam Dhanalakshmi
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale of the two wheeler TN-05-BS-2550 TVS NTORQ 125 (2018 model along with RC Book), for a sum of Rs.42,000/- in favour of Mr.Vijay, residing at No.62, Nethaji 6th Street, Lakshmipuram, Thiruvanmiyurm Chennai - 600 041.
Appln.No.5 of 2022 in I.P.No.7 of 2018:- Official Assignee, High Court, Madras.
...Applicant -VsG. Kannan
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale held on 29.12.2021 in respect of two wheeler Suzuki Swish bearing Registration No.TN-04-AM-8476 for a sum of Rs.7,500/- in favour of Mr.Janakiraman, residing at No.41, Chelli Amman Koil Street, V.O.C. Nagar, Tondiarpet, Chennai - 600 081. Appln.No.6 of 2022 in I.P.No.7 of 2019:- Official Assignee,
High Court, Madras.
...Applicant -VsM.Vishnu Kumar
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale of 2 wheeler bearing Registration No.TN 05 BL 3322 Pulsar 150 Motor Cycle (2017 model) for a sum of Rs.40,000/- (Rupees forty thousand only) in favour of Mr.R.Gokul. Appln.No.7 of 2022 in I.P.No.10 of 2018:- Official Assignee, High Court, Madras.
...Applicant -VsS.Rajini
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale held on 29.12.2021 in respect of two wheeler Honda ACTIVA bearing Registration No.TN-07-BK-6126 for a sum of Rs.20,000/- in favour of Mr.Mathan Kumar, No.41, Mettu Street, Karaimanagar, Kundrathur, Chennai - 600 069.
Appln.No.8 of 2022 in I.P.No.23 of 2018:- Official Assignee, High Court, Madras ...Applicant -VsS.Dhanasekaran @ S.Sanjay
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale held on 29.12.2021 in respect of the two wheeler vehicle TN-04-AS-0923 Honda CD 110 (2016 model along with RC Book),
for a sum of Rs.20,500/-, in favour of Mr.R.Gokul, residing at No.19, Janapachatram Cross Road, Alinjivakkam, Chennai - 600 067. APPLN. No.9 of 2022 in I.P.No.42 of 2016:- Official Assignee, High Court, Madras.
...Applicant -VsT.Kishore
...Respondent/Insolvent
Application praying that this Hon'ble court be pleased to pass an order confirming the sale of two wheeler vehicle Suzuki Access 125 bearing Registration No.AP-15-AS-1017 (2015 Model) for a sum of Rs.5,500/- (Rupees five thousand and five hundred only) without RC Book, in favour of Mr.Janakiraman, residing at No.41, Chelli Amman Koil Street, V.O.C.Nagar, Tondiarpet, Chennai - 600 081.
The above applications coming on this day before this court for hearing in the presence of the Official Assignee, the Applicant in all Applications; and of Mr.T.Srikanth, Advocate for the Petitioning Creditor in I.P.No.1 of 2019; Mr.A.Rajaguru, Advocate for the Respondent/Insolvent in Appln No.3 of 2022 in I.P.No.2 of 2021; Mr.S.Ananda Kumar, Advocate for the Respondent/Insolvent in Appln No.4 of 2022 in I.P.No.6 of 2021; Mr.A.Babu, Advocate for the Respondent/Insolvent in Appln No.5 of 2022 in I.P.No.7 of 2018; M/s.Rajkumar Ashok Singh & C.Mahalakshmi, Advocates for Respondent/Insolvent in Appln No.6 of 2022 in I.P.No.7 of
2019; S.Sivakumar, Advocate for the Respondent/Insolvent in Appln No.7 of 2022 in I.P.No.10 of 2018; Mr.Ravi Bharathi, Advocate for the Respondent/Insolvent in Appln No.8 of 2022 in I.P.No.23 of 2018; Mr.J.Balagopal, Advocate for the Respondent/Insolvent in Appln No.9 of 2022 in I.P.No.42 of 2016; and upon reading the Judges summon and the Report of the Official Assignee filed in all applications; and this Court having observed that the insolvent and creditors in the respective applications are represented and all of them submitted that they have no objection to the sale being confirmed and it is ordered as follows:- That the sale held on 29.12.2021 in respect of the two wheeler vehicle TN-04-AT-6229 Honda Activa (2017 along with RC Book), for a sum of Rs.31,000/- (Rupees Thirty one thousand only) in favour of Mr.B.Ravichandran, residing at No.17, Srinivasa Nagar, Vinayagapuram, Chennai - 600 099 be and is hereby confirmed.
2. That the sale held on 29.12.2021 in respect of the two wheeler Suzuki Slingshot bearing Registration No. TN-03-E-6303 for a sum of Rs.9,000/- (Rupees Nine thousand only) in favour of Mr.Janakiraman, residing at No.41, Chelli amman Koil Street, V.O.C. Nagar, Tondiarpet, Chennai - 600 081 be and is hereby confirmed.
3. That the sale in respect of the two wheeler Vehicle bearing
Registration No.TN-05-BS-2550 TVS NTORQ 125 (2018 model along with RC Book), for a sum of Rs.42,000/- (Rin favour of Mr.Vijay, residing at No.62, Nethaji 6th Street, Lakshmipuram, Thiruvanmiyurm Chennai - 600 041 be and is hereby confirmed.
4. That the sale held on 29.12.2021 in respect of the two wheeler Suzuki Swish bearing Registration No.TN-04-AM-8476 for a sum of Rs.7,500/- in favour of Mr.Janakiraman, residing at No.41, Chelli Amman Koil Street, V.O.C. Nagar, Tondiarpet, Chennai - 600 081 be and is hereby confirmed.
5. That the sale in respect of the two wheeler bearing Registration No.TN 05 BL 3322 Pulsar 150 Motor Cycle (2017 model) for a sum of Rs.40,000/- (Rupees forty thousand only) in favour of Mr.R.Gokul be and is hereby confirmed.
6. That the sale held on 29.12.2021 in respect of the two wheeler Honda ACTIVA bearing Registration No.TN-07-BK-6126 for a sum of Rs.20,000/-(Rupees Twenty thousand only) in favour of Mr.Mathan Kumar, No.41, Mettu Street, Karaimanagar, Kundrathur, Chennai - 600 069 be and is hereby confirmed.
7. That the sale held on 29.12.2021 in respect of the two wheeler vehicle bearing Registration No.TN-04-AS-0923 Honda CD 110 (2016 model along with RC Book), for a sum of Rs.20,500/-(Rupees Twenty
thousand and five hundred only), in favour of Mr.R.Gokul, residing at No.19, Janapachatram Cross Road, Alinjivakkam, Chennai - 600 067 be and is hereby confirmed.
8. That the sale in respect of the two wheeler vehicle Suzuki Access 125 bearing Registration No.AP-15-AS-1017 (2015 Model) for a sum of Rs.5,500/- (Rupees five thousand and five hundred only) without RC Book, in favour of Mr.Janakiraman, residing at No.41, Chelli Amman Koil Street, V.O.C.Nagar, Tondiarpet, Chennai - 600 081 be and is hereby confirmed.
9. That the Official Assignee be and is hereby directed to provide a copy of the sale catelogue to the creditors prior to the sale so as to stay in the loop of the sale process in future.
WITNESS, THE HON'BLE MR.JUSTICE MUNISHWAR NATH BHANDARI, ACTING CHIEF JUSTICE, HIGH COURT AT MADRAS, AFORESAID THIS THE 12TH DAY OF JANUARY 2022.
Sd./- ASSISTANT REGISTRAR Original Side - I //CERTIFIED TO BE TRUE COPY// DATED THIS THE DAY OF 2022. MANAGER INSOLVENCY OFFICE From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.
PK 01/02/2022 HIGH COURT, MADRAS APPLN. Nos.2 to 9 of 2022 in IP.Nos.1 of 2019, 2 and 6 of 2021, 7 of 2018, 7 of 2019, 10 and 23 of 2018 and 42 of 2016 THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY ORDER DATED:12/01/2022 FOR APPROVAL:07/02/2022 APPROVED ON : 11/02/2022 COPY TO:- THE OFFICIAL ASSIGNEE HIGH COURT, MADRAS.