Suresh S.Jain v. Devaraj Kingstone Kamelesan

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 30.01.2023

CORAM

THE HONOURABLE MR. JUSTICE KRISHNAN RAMASAMY Suresh S.Jain, Carrying on business under the name and style of Suresh Enterprise, No.26, Chinna Thambi Mudali Street, 3rd Floor, Sowcarpet, Chennai - 600 079.

... Petitioner/Creditor Vs.

1.Devaraj Kingstone Kamelesan, 2.Lina Angeline W/o.DEvaraj Kingstone Kamelesan, Both are carrying on business at No.23-G1, Anderson Road, Ayanavaram, Chennai - 600 023.

... Respondents/debtors PRAYER : Insolvency Petition is filed under Sections 9, 10, 11, 12 & 13 of the P.T.I. Act, III of 1909 and Order III-A of the Insolvency Rules, 1958, praying;

(a) to treat this petition as urgent;

(b) to adjudicate the debtors as insolvents;

(c) to direct that the estate of the debtors be vested in the Official Assignee of Madras, for the benefit of the General body of creditors of the debtors;

(d) to order that the costs of this petition paid by the Official Assignee of Madras, from and out of the estate of the debtors to the petitioning creditor;

For Petitioner : Mr.T.Srikanth For respondents : Mr.B.Ramaratnam

ORDER

Learned counsel appearing for the petitioner would submit that the matter has been settled and therefore, he is not pressing the present petition and he has also made an endorsement to that effect.

2.Recording the submission and endorsement made by the learned counsel appearing for the petitioner, this petition is dismissed as not pressed. rst 30.01.2023

KRISHNAN RAMASAMY, J.

rst 30.01.2023