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2025 DAILYLAW 3904 (MAD)

JYOTHI. PS. v. VASUDEVAN

IP/24/2025 · 2026-03-13

Senthilkumar Ramamoorthy

Transfer Petitionbody2025

Judgment text

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IP No. 24 of 2025 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 13-03-2026 CORAM THE HON'BLE MR JUSTICE SENTHILKUMAR RAMAMOORTHY IP No. 24 of 2025 Jyothi. Ps. D/o.Prithivi, 18/9, Green Field Apartments, Diwan Bahadur Shanmugam St, Kilpauk, Ch-10. Represented By Her Power Of Attorney Agent, Prashant S. ..Petitioner(s) Vs 1. Vasudevan Carrying On Business At No.42/1, Shanthi Nikethan Colony, Anna Nagar West Extn (opp.Tnhb), Ch-101. Now Residing At Ravi Residency, Door No.11, Old No.38, New No.87, Vr Pillai Street, Triplicane, Chennai-600 005. 2. Priyanka W/o.Vasudevan, No.37, Rajiv Gandhi Nagar Main Road, Kallikuppam, 2nd Floor, Ambattur, Ch-53. Now Residing At Ravi Residency, Door No.11, Old No.38, New No.87, Vr Pillai Street, Triplicane, Chennai-600 005. ..Respondent(s) PRAYER: Insolvency Petition 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, pleased to adjudicate the Debtors as Insolvent, to direct https://www.mhc.tn.gov.in/judis IP No. 24 of 2025 __________ Page2 of 2 SENTHILKUMAR RAMAMOORTHY, J. RNA that the estate of the Debtors be 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 Debtors to the Petitioning Creditor. For Petitioner(s): M/s.T.Srikanth ORDER Learned counsel for the petitioning creditor submits that the matter was settled. Therefore, he submits that he is not pressing the insolvency petition. 2. Recording the same, I.P.No.24 of 2025 is dismissed as not pressed without any order as to costs. 13-03-2026 RNA IP No. 24 of 2025 https://www.mhc.tn.gov.in/judis