1 IN THE HIGH COURT OF JUDICATURE AT MADRAS (IN INSOLVENCY) MONDAY, THE 18TH DAY OF MARCH 2019 THE HON'BLE MR. JUSTICE R.SURESH KUMAR INSOLVENCY PETITION NOS. 1, 55 & 69 OF 2010 In the matter of the Presidency Towns Insolvency Act, III of 1909 and In the matter of N.Thiyagarajan & another - Debtors ... Debtor M/s.Sanghvi Chirag Kumar Prakash, H.U.F., Rep.by its Manager and Kartha, Sanghvi Chirag Kumar Prakash Rajji ... Petitioning Creditor in IP.No.1 of 2010 M/s. Pradeep & Sons, H.U.F., Rep. by its Manager and Kartha Pradeep Kumar residing at No.19, Vinayaga Maistry Street, Sowcarpet, Chennai – 600 079. ... Petitioning Creditor in IP.No.55 of 2010 Charitra R.Mardia S/o.Rasiklal residing at No.14, Vinayaga Maistry Street, Sowcarpet, Chennai-600 079. ... Petitioning Creditor in IP.No.69 of 2010 -Vs- 1. N.Thiyagarajan S/o.S.Nachiappan residing at No.45/29, Appu Street, Mylapore, Chennai-600 004. 2. S.Nachiappan residing at No.45/29, Appu Street, Mylapore, Chennai-600 004. ... Debtors in all Insolvency Petitions Insolvency Petition Nos.1, 55 and 69 of 2010 praying that this Hon'ble court be pleased to (a) adjudicate the https://hcservices.ecourts.gov.in/hcservices/ 2 debtors as Insolvents (b) to direct that the estate of the debtors be vested in the Official Assignee of Madras, for the benefit of the general body of Creditors of the Debtors (c) order that the costs of this petition be paid by the Official Assignee of Madras, from and out of the estate of the debtors to the petitioning creditor. The above Insolvency Petitions coming on this day before this court for hearing in the presence of Mr.T.Srikanth, Advocate for the Petitioning Creditor in all Insolvency Petitions; and the Official Assignee of this court herein; and the adjudication order of this Court dated 23.08.2010 made in IP.No.1 of 2010, adjudication order dated 03.01.2011 made in I.P.No.55 of 2010, adjudication order dated 12.12.2012 made in IP.No.69 of 2010 herein; and the report of the Official Assignee dated 22.02.2019, filed herein, THE COURT MADE THE FOLLOWING ORDER : Learned Official Assignee submits that a communication has already been sent to the concerned Sub Registrar Office to give a report of the property. In the meanwhile, the Official Assignee has fixed a valuer to visit the property at Karaikudi and after assessing the property, a report shall be filed by the valuer, who has fixed 24th and 25th March 2019, to visit Karaikudi. Learned counsel for the petitioning creditor seeks an https://hcservices.ecourts.gov.in/hcservices/ 3 official from the Official Assignee office to accompany the valuer. 2. In view of the above, let the valuer fixed by the Official Assignee, accompanied by an official from the Official Assignee, visit the property, and file a report. Post the matter in the first week of April 2019. WITNESS, THE HON'BLE SHRIMATI, VIJAYA KAMLESH TAHILRAMANI, CHIEF JUSTICE, HIGH COURT AT MADRAS, AFORESAID THIS THE 18TH DAY OF MARCH, 2019. SD/- ASSISTANT REGISTRAR Original Side – I //CERTIFIED TO BE TRUE COPY// DATED THIS THE DAY OF 2019 MANAGER INSOLVENCY OFFICE From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format. https://hcservices.ecourts.gov.in/hcservices/ 4 cns.21.03.2019 HIGH COURT, MADRAS I.P. Nos.1, 55 & 69 of 2010 ORDER DATED : 18.03.2019 THE HON'BLE MR. JUSTICE R.SURESH KUMAR FOR APPROVAL: 21/03/2019 APPROVED ON : 21/03/2019 Copy to : The Official Assignee High Court, Madras. https://hcservices.ecourts.gov.in/hcservices/