Sha Motilal Parasraj v. C.Ponnuswamy

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 08-09-2025

CORAM

THE HONOURABLE MR JUSTICE N. ANAND VENKATESH M/s.Sha Motilal Parasraj, HUF a Hindu Undivided FamilyFirm, Rep by its Manager and Karta Mr. Parasmal Achalchandji, No.33/1, Govindappa Naicken Street, Chennai - 600 001 Petitioning Creditor(s) Vs Mr.C.Ponnuswamy carrying on business under the name and style of Om Muruga Enterprises, No.2, Anna Salai, 2nd Cross Street, Erukkancheri, Chennai - 600 118, Residing at No.10, Anna Salai, 2nd Cross Street, Erukkancheri, Chennai - 600 118.

Respondent(s) PRAYER 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 Ptg.Creditor(s):

Mr.T.Srikanth For Respondent(s):

Mr.V.Subramani

ORDER

The learned counsel for the petitioning creditor submitted that he is not pressing the relief sought for in this petition. Recording his statement, this insolvency petition is dismissed as not pressed. 08-09-2025 Index:Yes/No Speaking/Non-speaking order Internet:Yes ss

N.ANAND VENKATESH J.

ss 08-09-2025