Arjun Mathuranayagam v. Sudhir Paul

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 16.02.2024 CORAM :

THE HONOURABLE MR.JUSTICE C.SARAVANAN Dr.Arjun Mathuranayagam ... Petitioner/Creditor Vs.

Sudhir Paul ... Respondent/Debtor Prayer: 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, praying (i) to treat this petition as urgent;

(ii) to adjudicate the respondent debtor as insolvent; (iii) to direct that the estate of the respondent debtor be vested in the Official Assignee of Madras for the benefit of the General body of creditors of the respondent debtor;

(iv) To order that the costs of this petition be paid by the Official Assignee of Madras from and out of the estate of the respondent debtor to the petitioning creditor.

For Petitioner : Mr.Bijesh Thomas For Respondent : Mr.T.Sundar Rajan

ORDER

Both the counsels confirmed that the inter se dispute between the parties has been settled. Hence, nothing further survives for adjudication in this petition.

2. The learned counsel for the petitioner makes an endorsement to that effect in the Court Bundle.

3. Recording the same, this Insolvency Petition is closed. 16.02.2024 Index : Yes/No Internet : Yes/No Speaking Order/Non-Speaking Order arb

C.SARAVANAN, J.

arb 16.02.2024