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2013 Supreme(Mad) 3757

P.R.SHIVAKUMAR
Tvl. Vijayalakshmi Chit Funds Represented by Anandkumar – Appellant
Versus
Competent Authority and Revenue Officer Coimbatore – Respondent


Advocate Appeared:
For the Appellant:R. Murali, Advocate.
For the Respondents:R1 & R2, V. Jayaram, Govt. Advocate (CS), R4 to R8, T.P. Manoharan, Advocates.

Judgment :

This civil miscellaneous appeal has been filed under Section 11 of the Tamil Nadu Protection of Interest of Depositors (In Financial Establishments) Act, 1997 (in short TNPID Act, 1997) against the order dated 20.08.2010 made by the Special Judge under TNPID Act, Coimbatore in O.A.No.38 of 2008.

2. The financial establishment, whose properties were attached by the Government and the said attachment was made absolute by the above said order made in an application preferred by the Competent Authority is the appellant herein. The Competent Authority and the Inspector of Police, who investigated the offence allegedly committed by the appellant punishable under the provisions of the TNPID Act have been shown as Respondents 1 and 2 respectively.

3. On a miscellaneous petition filed by the appellant as M.P.No.1 of 2013 in this civil miscellaneous appeal praying for impleadment of the investors as other respondents in the appeal, this court passed an order impleading them as respondents 3 to 8. The third respondent Janarthanan is no more. The respondents 1 and 2 are represented by the Special Government Pleader (CS). Respondents 4 to 8 are represented by Mr.T.P.Manoharan.

4. Th











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