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2026 DAILYLAW 45524 (MAD)

THE OFFICIAL LIQUIDATOR, v. Shri.S.Sivakumar,

COMP.A/143/2026 · 2026-07-03

K Kumaresh Babu

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

COMP.A No. 143 of 2026 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU COMP.A No. 143 of 2026 in CP NO. 54 of 2015 The Official Liquidator, High Court of Madras, as Provisional Liquidator of M/s.Achievers Agri India P Ltd., (In Provisional Liquidation) No.29, Rajaji Salai, Corporate Bhawan, 2nd Floor, Chennai-600 001. ..Applicant Vs 1. Shri.S.Sivakumar, (Ex.Director), Achievers Agri India Pvt. Ltd., S/o.Sengaraj, N.Uchanapally Village, Naganoor Post, Denkanikottai Taluk, Krishnagiri District - 635 107. 2. The Tahsildar, Musiri Taluk Office (Tahsildar Office) Tiruchengode-Namakkal-Trichy Road, Musiri, Tiruchirapalli District, Tamil Nadu - 621 211. ..Respondents Company Application filed under Section 457 & 460(4) of the Companies Act, 1956 read with Rules 9,11(b) of Companies (Court) Rule, 1959, for the following reliefs: a) To take this report on record. b) To direct 2nd Respondent to engage the services of a Government Surveyor to carry out land survey for the above mentioned property detailed in para 8 supra c) To permit Official Liquidator to get valuation to be done for the subject https://www.mhc.tn.gov.in/judis COMP.A No. 143 of 2026 __________ Page2 of 4 property by engaging M/s.ITCOT Limited or any other valuers as suggested by this Hon'ble Court. d) To meet the cost of this application from the funds of the company in liquidation and e) To pass such other order/orders as this Hon'ble Court may deem fit and proper in the circumstance of the case. For Applicant : Ms.B.Ambili, Deputy Official Liquidator ORDER This Company Application has been filed seeking for the following reliefs:- a) To take this report on record. b) To direct 2nd Respondent to engage the services of a Government Surveyor to carry out land survey for the above mentioned property detailed in para 8 supra c) To permit Official Liquidator to get valuation to be done for the subject property by engaging M/s.ITCOT Limited or any other valuers as suggested by this Hon'ble Court. d) To meet the cost of this application from the funds of the company in liquidation and e) To pass such other order/orders as this Hon'ble Court may deem fit and proper in the circumstance of the case. 2. Heard Ms.B.Ambili, learned Deputy Official Liquidator. https://www.mhc.tn.gov.in/judis COMP.A No. 143 of 2026 __________ Page3 of 4 3. I have perused the contents of the Report filed by the Official Liquidator upon which the application had been made before this Court and having been satisfied with the reasons stated therein, I am inclined to allow this application as prayed for. 4. In fine, this Application is ordered as prayed for. 03-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No mp https://www.mhc.tn.gov.in/judis COMP.A No. 143 of 2026 __________ Page4 of 4 K.KUMARESH BABU J. mp COMP.A No. 143 of 2026 in CP NO. 54 of 2015 03-07-2026 https://www.mhc.tn.gov.in/judis