Madras High Court

OSA/239/2022 of Viswapriya (India) Ltd. Vs T. Raghavan on 6 October 2026

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OSA No. 239 of 2022

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 06-10-2026

CORAM

THE HON'BLE MR JUSTICE N. SATHISH KUMAR

AND

THE HON'BLE MR.JUSTICE GK.MUTHUKUMAAR

OSA No. 239 of 2022

CNR:{HCMA013081172017}

AND

OSA NO. 59 OF 2024 &

CMP NO. 3636 OF 2023, CMP NO. 3634 OF 2023, CMP NO. 5097 OF 2023, CMP NO. 5098 OF 2023, CMP NO. 8166 OF 2023, CMP NO. 10971 OF 2023, CMP NO. 1446 OF 2025, CMP NO. 10976 OF 2023, CMP NO. 1448 OF 2025, CMP NO. 7992 OF 2024, CMP NO. 1443 OF 2025, CMP NO. 9057 OF 2024, CMP NO. 9972 OF 2024, CMP NO. 1442 OF 2025, CMP NO. 9971 OF 2024, CMP NO. 7986 OF 2024, CMP NO. 7988 OF 2024, CMP NO. 6951 OF 2025,CMP NO. 6952 OF 2025

OSA No. 239 of 2022

CNR:{HCMA013081172017}

Viswapriya (India) Ltd.,

Viswapriya,

No.75-C, II Main Road,

Gandhi Nagar, Adyar, Chennai 20.

..Appellant(s)

Vs

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1. T. Raghavan

2. Jayalakshmi Padmanabhan

3. R. Vijayashree

OSA No. 239 of 2022

4. Sivakumar Thiagarajan

5. V. Panchapakesan

6. P. Lakshmi ..Respondent(s) OSA No. 43 of 2023 CNR:{HCMA010241962022}

1. Viswapriya (India) Ltd 75-C, II Main Road, Gandhi Nagar, Adyar, Chennai 20. Rep by its Director R. Subramanian.

2. R.Subramanian ..Appellant(s) Vs

1. R. Shankar

2. M/s.Analog Financial Services Private Limited No.16-A, 8 and 9, First Floor, No.20, Sastri Road, Tennur, Trichy 620017. Rep. by its Director R.Ganesh

3. P.H. Arvindh Pandian Adminsitrator of Viswapriya (India) Ltd. New No.115, 1st floor, Luz Church Road, Mylapore, Chennai 600002

4. State of Tamil Nadu Home Department Rep. by Secretary, Fort, St.George, Chennai -600 009. ..Respondent(s) OSA No. 57 of 2023 CNR:{HCMA010318602022} M/s.Analog Financial Services Pvt. Ltd.,

OSA No. 239 of 2022

I Floor, Room No.3, Sundaram Complex, No.20, Sastri Road, Tennur, Trichy 620 017. Rep by its Director, Mr. R. Ganesh. ..Appellant(s) Vs

1. T. Raghavan

2. Jayalakshmi Padmanabhan

3. R. Vijayashree

4. Sivakumar Thiagarajan

5. V Panchapakesan

6. P. Lakshmi

7. Viswapriya (India) Ltd., Viswapriya, No.75-C, II Main Road, Gandhi Nagar, Adyar, Chennai - 600 020.

8. The Deputy Superintendent of Police, Economic Offences Wing, Guindy, Madras 600 032. ..Respondent(s) OSA No. 80 of 2023 CNR:{HCMA010430662020} Viswapriya (India) Ltd Previously known as Viswapriya Financial Services and Securities Ltd., represented by its Director R.Subramanian having office at Sree Sai Venkata Nilayam, New Door No.75-C, Old Door No.33C II Main Road, III Cross Street Gandhi Nagar, Adyar, Chennai-600 020. ..Appellant(s) Vs

OSA No. 239 of 2022

1. P.R.Harinatha Babu

2. The Learned Administrator Viswapriya (India) Ltd, having office at Sree Sai Venkata Nilayam, New Door No.75-C, Old Door No.33C II Main Road, III Cross Street Gandhi Nagar, Adyar, Chennai-600 020.

3. Analog Financial Services Private Ltd Represented by its Director R.Mohan No.16A, 8 and 9, I Floor Sastry Road, Tennur Trichy 620017 ..Respondent(s) OSA No. 90 of 2023 CNR:{HCMA010894242023} M/s.Analog Financial Services P Ltd 16-A, 8 and 9, I Floor Sastri Road, Tennur Trichy 620 017. ..Appellant(s) Vs Nil ..Respondent(s) OSA No. 91 of 2023 CNR:{HCMA010894252023} M/s.Analog Financial Services P Ltd I Floor, Room No.3, Sundaram Shopping Complex, No.20, Sastri Road, Tennur, Trichy-620 017. Rep. by its Director R.Ganesh ..Appellant(s) Vs Nil ..Respondent(s)

OSA No. 239 of 2022

OSA No. 60 of 2024 CNR:{HCMA010973122023} R.Subramanian ..Appellant(s) Vs M/s.Analog Financial Services P Ltd I Floor, Room No. 3, Sundaram Shopping Complex, No. 20, Sastri Road, Tennur, Trichy-620 017, Rep. by its Director, R. Ganesh ..Respondent(s) OSA No. 59 of 2024 CNR:{HCMA010973132023} R.Subramanian ..Appellant(s) Vs M/s.Analog Financial Services P Ltd 16-A, 8 and 9, I Floor, Sastri Road, Tennur, Trichy 620 017 ..Respondent(s) OSA No. 239 of 2022 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dated 05.01.2017 in Company Appln.No.612 of 2016 in CA No.366 of 2015 in CP No.15 of 2014. OSA No. 43 of 2023 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dt. 03.02.2022 in CA 313/2021 in company petition CP No.15/2014.

OSA No. 239 of 2022

OSA No. 57 of 2023 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dated 03.02.2022 in CA No.413/2019 in CP No.15 of 2014. OSA No. 80 of 2023 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dated 11.02.2020 in Company Appln. No.718 of 2018 in CP 15 of 2014. OSA No. 90 of 2023 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the Order dated 21- 04-2023 in CA No.394 of 2022 in Company Petition 15/2014. OSA No. 91 of 2023 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dt. 21.04.2023 in CP 15/2014. OSA No. 60 of 2024 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dated 21.04.2023 in CP 15 of 2014. OSA No. 59 of 2024 Original Side Appeal filed under Order XXXVI Rule 1 of the Original Side Rules r/w. Clause 15 of the Letters Patent to set aside the order dt. 21.04.2023 in CA 394/2022 in CP 15/2014.

OSA No. 239 of 2022

OSA No. 239 of 2022 For Appellant(s): Mr.R.Subramanian For Respondent(s): Mr.H.Karthik Seshadri for R1, R2, R3, R4 and R6; Ms.Ambili B. Deputy Official Liquidator High Court of Madras OSA No. 43 of 2023 For Appellant(s): Mr.R.Subramanian (Party-in-Person) For Respondent(s): Mr.Karthik Selvaraj Additional Government Pleader for R4 Mr.H.Karthik Seshadri for R1 Ms.Ambili B. Deputy Official Liquidator High Court of Madras OSA No. 57 of 2023 For Appellant(s): Mr.Y.G.Gunasekaran for Mr.T.Hari Pon Dinesh Ram For Respondent(s): Mr.H.Karthik Seshadri for R1 to R4 and R6 Mr.Karthik Selvaraj Additional Government Pleader for R8

OSA No. 239 of 2022

OSA No. 80 of 2023 For Appellant(s): Mr.R.Subramanian (Party-in-Person) For Respondent(s): Mr.M.Nandhakumar for R1 OSA No. 90 of 2023 For Appellant(s): Mr.Y.G.Gunasekaran for M/s.S.Aarthi For Respondent(s): Mr.S.R.Sundar for Official Liquidator OSA No. 91 of 2023 For Appellant(s): Mr.Y.G.Gunasekaran for M/s.S.Aarthi For Respondent(s): Mr.S.R.Sundar for Official Liquidator OSA No. 60 of 2024 For Appellant(s): Mr.R.Subramanian (Party-in-Person) For Respondent(s): Ms.Ambili B. Deputy Official Liquidator High Court of Madras OSA No. 59 of 2024 For Appellant(s): Mr.R.Subramanian (Party-in-Person) For Respondent(s): Ms.Ambili B. Deputy Official Liquidator High Court of Madras

OSA No. 239 of 2022

COMMON JUDGMENT

(Judgment of the Court was delivered by N.Sathish Kumar J.) The appellant-in-person as well as the learned counsel for the appellant in few Appeals seek permission of this Court to withdraw all these Appeals. They have also made an endorsement to that effect. In view of the same, all these Original Side Appeals are dismissed as withdrawn.

2. Since the matter has reached the level of bringing the properties for sale to settle the depositors and now, the various proceedings have also been directed to be transferred to the Company Court itself to bring the properties for sale, we are of the view that the appellants shall cooperate with the Company Court for bringing the properties for sale to settle the entire issues once for all. No costs. Consequently, connected miscellaneous petitions are closed. (N.S.K.,J.) (G.K.M.,J.) 06-10-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No MKN

OSA No. 239 of 2022

To

1. The Secretary, State of Tamil Nadu Home Department, Fort, St.George, Chennai -600 009.

2. The Deputy Superintendent of Police, Economic Offences Wing, Guindy, Madras 600 032.

3. The Official Liquidator, High Court, Madras.

OSA No. 239 of 2022

N.SATHISH KUMAR J. AND GK.MUTHUKUMAAR J. MKN OSA No. 239 of 2022 AND

OSA NO. 59 OF 2024 06-10-2026

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