Jyothi. Ps. v. Vasudevan
Case brief
What is this about?
Dismissal as not pressed of insolvency petition IP No. 24 of 2025 (Madras High Court, Senthilkumar Ramamoorthy J., dated 13-03-2026) filed by Jyothi Ps., represented by power-of-attorney agent Prashant S., against debtors Vasudevan and Priyanka 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; counsel T.Srikanth for the petitioning creditor informed the court the matter was settled; dismissed without any order as to costs; no issue decided, no precedent discussed — of limited citation value.
What did the court decide?
The insolvency petition was dismissed as not pressed, the court recording the petitioning creditor's submission that the matter had been settled, and with no order as to costs. ¶27