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2025 DAILYLAW 30853 (MAD)

SHA MOTILAL PARASRAJ v. C.PONNUSWAMY

IP/15/2025 · 2025-09-08

N Anand Venkatesh

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IP No. 15 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 08-09-2025 CORAM THE HONOURABLE MR JUSTICE N. ANAND VENKATESH IP No. 15 of 2025 M/s.Sha Motilal Parasraj, HUF a Hindu Undivided FamilyFirm, Rep by its Manager and Karta Mr. Parasmal Achalchandji, No.33/1, Govindappa Naicken Street, Chennai - 600 001 Petitioning Creditor(s) Vs Mr.C.Ponnuswamy carrying on business under the name and style of Om Muruga Enterprises, No.2, Anna Salai, 2nd Cross Street, Erukkancheri, Chennai - 600 118, Residing at No.10, Anna Salai, 2nd Cross Street, Erukkancheri, Chennai - 600 118. Respondent(s) PRAYER To adjudicate the Debtor as Insolvent, to direct that the estate of the Debtor be https://www.mhc.tn.gov.in/judis IP No. 15 of 2025 vested in the Official Assignee of Madras, for the benefit of the General body of creditors of the Debtor, to order that the costs of this petition paid by the Official Assignee of Madras, from and out of the estate of the Debtor to the Petitioning Creditor. For Ptg.Creditor(s): Mr.T.Srikanth For Respondent(s): Mr.V.Subramani ORDER The learned counsel for the petitioning creditor submitted that he is not pressing the relief sought for in this petition. Recording his statement, this insolvency petition is dismissed as not pressed. 08-09-2025 Index:Yes/No Speaking/Non-speaking order Internet:Yes Neutral Citation:Yes/No ss https://www.mhc.tn.gov.in/judis IP No. 15 of 2025 N.ANAND VENKATESH J. ss IP No. 15 of 2025 08-09-2025 https://www.mhc.tn.gov.in/judis