S.V.Subrahmanyam v. Gunavanti Bai
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(IN INSOLVENCY) MONDAY, THE 20TH DAY OF DECEMBER 2021 THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY APPLN. Nos.113, 114, 115, 116, 117 and 118 of 2021 in IN. Nos.30, 32, 33, 35, 21 and 28 of 2020 In the matter of the Presidency Towns Insolvency Act, III of 1909 and In the matter of 1. S.V.Subrahmanyam
2. Mr.V.Sunilkumar ... Debtors IN NOS.30,32,33,35,21 AND 28 OF 2020:- Gunavanti Bai, W/o.Ashokkumar, No.14/27, Ayaloor Muthiah Mudali Street, Sowcarpet, Chennai - 600 079.
...Petitioning Creditor in I.N.No.30 of 2020 Rekha M.Jain, W/o. Manishkumar, No.12, Arunachalam Street, 2nd Floor, Chennai - 600 079.
...Petitioning Creditor in I.N.No.32 of 2020 Priyanka Omprakash, W/o.Om Prakash, Shivalaya 607-A, No.182, Ethiraj Salai, Egmore, Chennai - 600 008.
...Petitioning Creditor in I.N.No.33 of 2020 Srawankumar, No.182, Mint Street, Chennai - 600 003.
...Petitioning Creditor in I.N.No.35 of 2020
Rajendrakumar M.Jain, No.22, Mulla Sahib Street, Chennai - 600 079.
...Petitioning Creditor in I.N.No.21 of 2020 Ashwinkumar Hirachand, S/o.Hirachand, No.303, Third Floor, No.13, Karupannan Street, Sowcarpet, Chennai - 600 001.
...Petitioning Creditor in I.N.No.28 of 2020 -Vs1. S.V.Subrahmanyam, Son of Subbarayadu, Carrying on business of First Floor, Mootha Centre, No.23, Kodambakkam High Road, Nungambakkam, Chennai - 600 034.
2. V.Sunilkumar, S/o.Subrahmanyam, Now both residing at No.J-57, Anna Nagar East, Chennai - 600 102.
... Debtor in all Insolvency Notices APPLN. Nos.113, 114, 115, 116, 117 and 118 of 2021:-
1. S.V.Subrahmanyam, Son of Subbarayadu, Carrying on business at First Floor, Mootha Centre, No.23, Kodambakkam High Road, Nungambakkam,
Chennai - 600 034.
2. V.Sunilkumar, S/o.Subrahmanyam, Now both residing at No.J-57, Anna Nagar East, Chennai - 600 102.
... Applicants in Appln.Nos.113, 114,115,116,117 & 118 of 2021 / Debtors in IN Nos.30, 32,33,35,21 & 28 of 2020 -VsGunavanti Bai, W/o.Ashokkumar, No.14/27, Ayaloor Muthiah Mudali Street, Sowcarpet, Chennai - 600 079.
...Respondent in Appln No.113
of 2021/Petitioning Creditor in I.N.No.30 of 2020.
Rekha M.Jain, W/o. Manishkumar, No.12, Arunachalam Street, 2nd Floor, Chennai - 600 079.
...Respondent in Appln.no.114
of 2021/Petitioning Creditor in I.N.No 32 of 2020 Priyanka Omprakash, W/o.Om Prakash, Shivalaya 607-A, No.182, Ethiraj Salai, Egmore, Chennai - 600 008.
...Respondent in Appln.No.115
of 2021/Petitioning Creditor in I.N.No.33 of 2020 Srawankumar, No.182, Mint Street, Chennai - 600 003.
...Respondent in Appln.No.116
of 2021/Petitioning Creditor in I.N.No.35 of 2020
Rajendrakumar M.Jain, No.22, Mulla Sahib Street, Chennai - 600 079.
...Respondent in Appln No.117
of 2021/Petitioning Creditor in I.N.No.21 of 2020 Ashwinkumar Hirachand, S/o.Hirachand, No.303, Third Floor, No.13, Karupannan Street, Sowcarpet, Chennai - 600 001.
...Respondent in Appln No.118
of 2021/Petitioning Creditor in IN.No.28 of 2020.
Application Nos. 113 to 118 of 2021 praying that this Hon'ble Court be pleased to set aside the Insolvency Notice in IN.Nos.30, 32, 33, 35, 21 &28 of 2020 respectively.
The above applications coming on this day before this court for hearing in the presence of Mr.A.Babu, advocate for the Applicants/Debtors in all applications; and of Mr.T.Srikanth, Advocate for the Respondent/Petitioning Creditor in all applications; and upon reading the Judges Summon and Affidavit of S.V.Subramanian filed in all applications; and the learned counsel for the Petitioning Creditor submitted that the amounts due and payable to the Petitioning Creditors were settled by the debtors and it is ordered as follows:- That the Insolvency Notice Nos.21,28,30,32,33 and 35 of 2020 be and are hereby set aside.
2. That there shall be no order as to cost.
WITNESS, THE HON'BLE MR.JUSTICE MUNISHWAR NATH BHANDARI, ACTING CHIEF JUSTICE, HIGH COURT AT MADRAS, AFORESAID THIS THE 20TH DAY OF DECEMBER 2021. 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 11/01/2022 HIGH COURT, MADRAS APPLN. Nos.113, 114, 115, 116, 117 and 118 of 2021 in IN. Nos.30, 32, 33, 35, 21 and 28 of THE HON'BLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY ORDER DATED:20/12/2021 FOR APPROVAL: 11/01/2022 APPROVED ON : 19/01/2022 COPY TO:- ` THE OFFICIAL ASSIGNEE HIGH COURT, MADRAS.