The Official Liquidator v. D.Nagaraj,
in C.P.No.279 of 2016 KRISHNAN RAMASAMY, J.
This application is filed to direct the respondent/debtor to pay a sum of Rs.15,00,550/- towards dues along with interest determined/suggested by this Court from the date of winding up till the date of remittance of principal amount along with interest and to permit the official Liquidator to value the property mentioned in the sale deed No.6655/2007 dated 27.04.2007 by engaging the services of ITCOT limited and to file necessary application to bring the property for sale with permission to meet the valuation expenses from and out of funds of the Company in provisional liquidation.
2. The learned Official Liquidator would submit that M/s.KRM Kumaragam Chits P. Limited had been wound up by virtue of order of this Court dated 18.10.2016 made in C.P.No.279 of 2016.
3. Further he would submit that the ex-director filed the statement of affairs of the said company. As per the statement of affairs, the Page No.1/4
respondent is liable to pay a sum of Rs.15,00,550/- along with interest. The learned Official Liquidator would submit that he has issued demand notice to the respondent with regard to the payment. Thereafter, reminder notice dated 27.10.2022 was also issued. However, though the respondent received the said notices, they have not come forward to settle the outstanding dues. Hence, the present application has been filed.
4. After filing of this application, notice was ordered and served to the respondent and the name of the respondent was also printed in the cause list. However, none appeared on behalf of the respondent, which shows that the respondent has no interest to contest this matter.
5. Upon hearing the learned Official Liquidator and perused the statement of affairs and averments made in the report filed by the learned Official Liquidator dated 31.01.2023, this Court is satisfied that the learned Official Liquidator had proved the claim against the respondent and hence, held that the respondent is liable to pay a sum of Rs.15,00,550/- as claimed by the learned Official Liquidator. Page No.2/4
6. Accordingly, this Application is allowed.
21.04.2023 nsa Page No.3/4
KRISHNAN RAMASAMY, J.
nsa in C.P.No.279 of 2016 21.04.2023 Page No.4/4