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2024 DAILYLAW 4570 (MAD)

IP/20/2024

IP/20/2024 · 2026-07-03

K Kumaresh Babu

Transfer Petitionbody2024

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IP No. 20 of 2024 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU IP No. 20 of 2024 Ameen Mohammed S/o.Mohammed Ansariali, No.6, Muthukrishnan Street, Mylapore, Chennai-600 004. ..Petitioner(s)/debtor(s) Prayer: Petition under section 9(1) (F) 10,11,14,15,of the P.T.I Act and Order III Rules of the Insolvency Rules 1958, praying to adjudicating the petitioner as an insolvent, directing that this estate to be administered by the Official Assignee, Madras in a regular manner. For debtor(s): No appearance ORDER When the matter is taken up for hearing today, there is no representation on behalf of the petitioner. 2. A perusal of the record reveals that despite repeated opportunities granted to the petitioner, who has moved this application to declare himself insolvent, he has failed to take necessary steps, including filing the statement of affairs. 3. This clearly demonstrates that the present petition was filed merely as a ruse to keep his creditors at bay. https://www.mhc.tn.gov.in/judis IP No. 20 of 2024 __________ Page2 of 2 K.KUMARESH BABU, J. mpa 4. Consequently, this Court finds no merit in the application, and this Insolvency Petition (IP) is accordingly dismissed for non-prosecution. No costs. 03-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No MPA IP No. 20 of 2024 https://www.mhc.tn.gov.in/judis