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Madras High CourtIP/22/2011annulment ordered

Mrs. Divya C. Mardia v. Dr.V.Arumugam

2021-08-02Honourable Mr Justice R. Subramanian3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 02.08.2021

CORAM:

THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN Divya C.Mardia ...Petitioning Creditor in I.P.No.22 of 2011 Anitha P. Jain ...Petitioning Creditor in I.P.No.28 of 2011 Bhavika Mardia ...Petitioning Creditor in I.P.No.43 of 2011 1.Dr.V.Arumugam 2.Dr.T.Sharmila ...Debtors in all three IPs'

Prayer in all three IPs: Insolvency Petitions filed under Section 9, 10, 11, 12 and 13 of the Presidency Towns Insolvency Act III, of 1909 and Order III-A of the Insolvency Rules, 1958, seeking to treat this petition as urgent, to adjudicate the Debtors as Insolvents and to direct that the estate of the Debtors be vested in the Official Assignee of Madras, from and out of the estate of the Debtors to the Petitioning Creditor. For Petitioning Creditor in all IPs : Mr.T.Srikanth For Debtors / Respondents in all IPs : Mr.H.Manojin for R1 & R2 Official Assignee and Mr.Vasantha Kumar Deputy Official Assignee 1/3

COMMON ORDER The Insolvents have filed an affidavit of undertaking to the effect that they have no other creditors. The learned counsel for the parties would report that all the creditors have been settled. 2.In view of the statement made, the orders of adjudication dated 05.03.2012 and 20.02.2012 are set aside and the adjudications are annulled. No costs.

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R.SUBRAMANIAN, J.

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