Dungarchand v. a.S.Pragasam
Case brief
What is this about?
Non-speaking order where the Hon'ble Court dismissed an insolvency petition as withdrawn because the petitioning creditor submitted that the debts involved had been settled.
What did the court decide?
Insolvency petition dismissed as withdrawn.
What the court decided
I.P.No.37 of 1998
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 09.08.2021
CORAM
THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN
Insolvency Petition No.37 of 1998
Dungarchand, Carrying on business under the name and style of R.D.Finance
...Petitioning Creditor
Vs.
1.A.S.Pragasam
2.P.Chandra ... Debtors
PRAYER: Petition filed under Sections 9(2), 10 to 13 of the Presidency Towns Insolvency Act III of 1909 and Order III-A of the Insolvency Rules, 1958 praying (a) to treat this petition as urgent; (b) to adjudicate the debtors as insolvent; (c) to direct that the estate of the debtors be vested with the Official Assignee of Chennai, for the benefit of the general body of creditors of the debtors; (d) to order that the costs of this petition be paid by the Official Assignee of from and out of the estate of the debtors to the petitioning creditor; (e) to pass such other or further orders as this Hon'ble Court may deem fit and proper under the circumstances of the case.
Parties & counsel
- petitioner
Dungarchand
- respondent
A.S.Pragasam
- respondent
P.Chandra
Coram
Case details
As recorded by the court registry
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