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Madras High CourtIP/8/2025withdrawn dismissed

Bharathi Jain v. S.Shanthi

2026-02-16Honourable Mr Justice N. Anand Venkatesh3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 16-02-2026

CORAM

THE HON'BLE MR JUSTICE N. ANAND VENKATESH Bharathi Jain W/o.Dineshkumar, No.55/3, Narayana Mudali Street, Sowcarpet, Chennai-600 079.

..Petitioner(s) Vs

1. S.Shanthi W/o.Sundar, Carrying On Business Under The Name And Style Of M/s.Srishas Foundation, No.72 And 73, Siruvallur High Rad, Perambur, Chennai-600 011.

2. Sundar S/o.Siva Subramanian, Plot No.1374, 21st Street, Poombuhar Nagar, Kolathur, Chennai-600 099.

..Respondent(s) Prayer: This petition is filed under Sections 9, 10, 11, 12 and 13 of the Presidency Towns Insolvency Act, III of 1909 and Order III-A of the Insolvency Rules, 1958, to adjudicate the Debtor as Insolvent, to direct that the estate of the Debtor be vested in the Official Assignee of Madras, for the benefit of the General body of creditors of the Debtor, to order that the costs of this petition paid by the Official Assignee of Madras, from and out of the estate of the Debtor to the Petitioning Creditor.

For Petitioner(s):

Mr.T.Srikanth

For Respondent(s):

Mr. T.V.Sekar

ORDER

When the matter was taken up for hearing today, the learned counsel appearing for the petitioner submitted that he is not pressing this petition. He has also made an endorsement to that effect in the Court bundle.

2. In view of the submission and the endorsement made by the leaned counsel for the petitioner, this petition is dismissed as not pressed. No costs. 16-02-2026 Asi To

1. S.Shanthi W/o.Sundar, Carrying On Business Under The Name And Style Of M/s.Srishas Foundation, No.72 And 73, Siruvallur High Rad, Perambur, Chennai-600 011.

2. Sundar S/o.Siva Subramanian, Plot No.1374, 21st Street, Poombuhar Nagar, Kolathur, Chennai-600 099.

N.ANAND VENKATESH, J.

Asi 16-02-2026