Appln. (I.P.) No.146 of 2015

in

I.P.No.14 of 2012

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Reserved on : 10.08.2023

Pronounced on : 18.08.2023

CORAM

THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE

Appln. (I.P.) No.146 of 2015

in

I.P.No.14 of 2012

The Official Assignee,

High Court, Madras - 600 104.

... Applicant

Vs.

1. Vasavi Communications,

Rep. by its Sole Proprietrix,

K.Narmadha

2. K.Rajeshwara Rao

3.KarthikaKarunakaran

4.K.Karunakaran

... Respondents

PRAYER: Application has been filed under Section 55 of the Presidency

Town Insolvency Act, 1908 read with Order II Rule 1 of Insolvency Rules

to set aside the sale in favour of the respondent Nos.3 and 4 under the sale

deed dated 18.08.2011 registered as Document No.1752 of 2011, SRO

Thyagaraya Nagar and declare the said sale null and void.

1/47

https://www.mhc.tn.gov.in/judis

Appln. (I.P.) No.146 of 2015

in

I.P.No.14 of 2012

For Petitioner

: Mr.K.Harishankar

For Respondents

: Mr.C.P.G. Yoganand

for R3 and R4

R1 and R2 - Set Ex-parte

ORDER

The issue that arises for consideration in this application filed by the

Official Assignee under Section 55 of the Presidency Town Insolvency Act,

1909 (Hereinafter referred to