Madras High CourtIP/50/2023dismissed as settled out of court

P.G.International, Huf, v. M.Renuka

2025-03-21Honourable Mr Justice Abdul Quddhose4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 21.03.2025

CORAM

THE HONOURABLE MR JUSTICE ABDUL QUDDHOSE M/s. Roopchand and Sons HUF A Hindu Undivided Family Firm represented by its Manager and Karta Mr.Roopchand P.Gol, No.37/44, Vadamalai Street, Chennai-600 001

2. M/s. Rakesh Hirani HUF, A Hindu Undivided Family Firm represented by its Manager and Karta Mr.Rakesh Hirani,presently having address at No.1, Strahans Road, KLP Abhinandan, D.Block,Flat No.02023,Pattalam, Chenna-600 012

3. Mrs.Kala V.Mardia, W/o Vasant Kumar No.14, Vinayaga Maistry, Chennai - 600 079.

4. Mr.Bhatrat Kumar Gajraj, S/o Mr.Gajraj Ji, No.180, Govindappa Naicken Street, Chennai - 600 001.

5. Mr.Dixit D.Jain, S/o Mr.Dilip Kumar, No.18, Vadamalai street, Chennai -600 079.

6. Mr.Babulal Gajraj Jain, S/o Mr.Gajraj Ji, No.180, Govindappa Naicken Street, Chennai - 600 001.

7. M/s. Kamlesh Kumr A.Jain & Sons, A Hindu Undivided Family Firm, represented by its Manage rnad Karta, Mr.Kamlesh Kumar A.Jain, No.52, Perambur Barracks road, A-301, sai Shresta Apartments, Chennai - 600 007.

(The Creditors are substituted in the petitioning creditor pursuant to the order of the Court dated 08.11.2024 in Appln.Nos.77,78,,79, 105,106, 107 & 108 of 2024 in I.P.No.50 of 2023)

...Petitioners

Vs Mrs.M.Renuka, W/o S.P.Murrli Krishnaa No.16, T.H.Road, M.r.Nagar, Chennai - 600 118now residing at 4,5,6,7 Stephenson road, North town, Perambur, Chennai - 600 112.

..Respondents

PRAYER: Insolvency Petition filed under Sections 9, 10,11,12 and 13 of the Presidency Towns Insolvency Act III of 1909 and Order II-A of the Insolvency Rules, 1958 to adjudicate the Debtor as insolvent and 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. For Petitioners : Mr.T.Srikanth For Respondents : Mr.Umayal Muthaiah

O R D E R

Learned counsel for the petitioners submits that the claim of the petitioners has been settled. In view of the same, this Insolvency Petition is dismissed as settled out of court.

21.03.2025 vsi Index : Yes / No Internet : Yes / No To Mrs.M.Renuka, W/o S.P.Murrli Krishnaa No.16, T.H.Road, M.r.Nagar, Chennai - 600 118now residing at 4,5,6,7 Stephenson road, North town, Perambur, Chennai - 600 112.

ABDUL QUDDHOSE,J.

vsi 21.03.2025