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2025 DAILYLAW 102477 (MAD)

P.G.INTERNATIONAL, HUF, v. M.RENUKA

IP/50/2023 · 2025-03-21

Abdul Quddhose

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

I.P.No.50 of 2023 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 21.03.2025 CORAM THE HONOURABLE MR JUSTICE ABDUL QUDDHOSE I.P.No.50 of 2023 M/s. Roopchand and Sons HUF A Hindu Undivided Family Firm represented by its Manager and Karta Mr.Roopchand P.Gol, carrying on business at 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 carrying on business at No.14, Vinayaga Maistry, Chennai - 600 079. 4. Mr.Bhatrat Kumar Gajraj, S/o Mr.Gajraj Ji, carrying on business at No.180, Govindappa Naicken Street, Chennai - 600 001. 1 https://www.mhc.tn.gov.in/judis I.P.No.50 of 2023 5. Mr.Dixit D.Jain, S/o Mr.Dilip Kumar, carrying on business at No.18, Vadamalai street, Chennai -600 079. 6. Mr.Babulal Gajraj Jain, S/o Mr.Gajraj Ji, carrying on business at 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, carrying on business at 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 carrying on business at 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 2 https://www.mhc.tn.gov.in/judis I.P.No.50 of 2023 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 carrying on business at 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. 3 https://www.mhc.tn.gov.in/judis I.P.No.50 of 2023 ABDUL QUDDHOSE,J. vsi I.P.No.50 of 2023 21.03.2025 4 https://www.mhc.tn.gov.in/judis