The appellant has filed IP.No.10 of 2007 in the Court of the learned Senior Civil Judge, Kadiri, under Section 10 of the Provincial Insolvency Act, 1920, to adjudicate him as an insolvent. It is his pleaded case that he is a resident of Maddimadugu; that he has been living by doing agriculture and carrying on trade in groundnuts; that he has got ancestral property of Ac.1-30 cents of dry land; that his family consists of himself, his wife, two daughters and one son; that he could not realize the crops on account of paucity of rains; that for carrying on the trade in groundnuts, he has incurred the debts as shown in the petition A-schedule; that those debts are far in excess of the value of the assets as shown in the petition B-schedule; that respondent No.1, who is the decree holder in OS.No.95 of 2003, filed EP.No.134 of 2003 in the Court of the learned Principal Junior Civil Judge, Kadiri, for his arrest; that respondent No.2, who obtained a money decree in OS.No.172 of 2006, also filed EP.No.126 of 2007 in the Court of the Principal Junior Civil Judge, Kadiri, for his arrest; and that the other respondents have also threatened him to file suits and proceed against him. The appellant has, therefore, sought the relief of adjudication that he has become insolvent.
