Dismissed¶22
N.Suresh v. Nil
Madras HCIP/39/2023
Case brief
AI extract
What is this about?
Voluntary insolvency petition (IP No. 39 of 2023, High Court of Judicature at Madras, decided 03-07-2026) by N. Suresh seeking adjudication as insolvent under Sections 9(1)(F), 10, 11, 14 & 15 of the P.T.I Act and Order III Rules of the Insolvency Rules 1958; dismissed for non-prosecution with no costs; no appearance on hearing date; statement of affairs never filed despite repeated opportunities; petition held to be a ruse to keep creditors at bay; no cases cited; no quantum involved.
What did the court decide?
Despite repeated opportunities, the petitioner failed to take necessary steps, including filing the statement of affairs. ¶14