The court disposed of an insolvency petition filed by a petitioning creditor for the recovery of debts. No appearance was made by the debtor. The court closed the petition.
The insolvency petition was closed without costs.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
I.P.No.65 of 2009
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 16.08.2021
CORAM:
THE HONOURABLE MR.JUSTICE R.SUBRAMANIAN
I.P.No.65 of 2009
Muskan A.Mehra
...Petitioning Creditor
Vs.
K.Krishnakumar, carrying on business
under the name and style of
'Prima Systems and Services' ...Debtor
Prayer : Insolvency Petition filed under Section 9, 10, 11, 12 and 13 of the Presidency Towns Insolvency Act III, of 1909 and Order III-A of the Insolvency Rules, 1958, seeking to treat this petition as urgent, 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 and for costs.
For Petitioning Creditor : Mr.T.Srikanth For Debtor /Respondent : No Appearance
I.P.No.65 of 2009
R.SUBRAMANIAN, J.
KKN
O R D E R
Mr.T.Srikanth, learned counsel appearing for the petioning
creditor would submit that the debtor has been adjudicated as Insolvent in
I.P.No. 63 of 2009 on 14.07.2014.
2.In view of the same, this insolvency petition is closed with
liberty to the petitioning creditor herein to seek reopening, if the order of
adjudication has either been stayed or set aside. No costs.
16.08.2021
kkn
Internet:Yes
Index:Yes/No
Speaking/Non-speaking
I.P.Nos.65 of 2009
2/3
I.P.No.65 of 2009
3/3
2 provisions across 2 enactments
Muskan A.Mehra
K.Krishnakumar
R.SUBRAMANIAN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
