JUDGMENT

Page, C J - These six appeals can be determined in one judgment. I will proceed first to dispose of Appeals Nos. 172, 173 and 174 of 1932. These three appeals' arise out of proceedings taken by the Official Assignee in the Insolvency of S.T.S.P.S. Chettyar Firm to set aside three transfers under Section 56, Presidency Towns Insolvency Act. On 28th July 1931, a petition for the adjudication of this firm had been presented by five creditors, and an order of adjudication was passed on 18th August 1931. The three transfers now under consideration were executed on 18th July 1931. Not it appears that there were some 72 creditors of the insolvent firm, and I have no doubt upon the evidence that on 18th July 1931 the insolvent firm was unable to pay its debts as they became due from, its own money in favour of its creditor.

2. Soliappa, a partner, in the insolvent-firm, gave evidence at the hearing of the present petition in the course of which he stated that at the material date the liabilities of the firm, which carried on a money-lending business in Nattalin and also in Rangoon, were about five or six lakhs, and he further stated that at that time the firm possessed assets in lan