Muralidhar Sreedhara Pai vs Muttom Service Co-Operative Bank Ltd. Advocate - JOJI. K ANTONY — 100001/2023

Case under Insolvency Act, 1956 (Kerala) Section 7. Disposed: Contested--ALLOWED on 27th March 2026.

Case disposed

OP(Insolvency) - ORIGINAL PETITION INSOLVENCY

CNR: KLAL100002342023

Filing Number

100188/2023

Filing Date

04-Oct-2023

Registration No

100001/2023

Registration Date

04-Oct-2023

Court

Sub Court, Cherthala

Judge

1-Sub Judge and Asst.Sessions Judge, Cherthala

Decision Date

27-Mar-2026

Nature of Disposal

Contested--ALLOWED

Last updated 25-May-2026

Acts & Sections

Insolvency Act, 1956 (Kerala) Section 7

Petitioner(s)

  1. 1.Muralidhar Sreedhara Pai

    Adv. THOMAS JOSEPH

Respondent(s)

  1. 1.Muttom Service Co-Operative Bank Ltd. Advocate - JOJI. K ANTONY

  2. 2.Cherthala Taluk Agricultural Credit Co-operative Society Ltd.

    Adv. JAYAKRISHNAN. T

  3. 3.Cherthala Co-operative Agricultural Rural Development Bank Ltd.

    Adv. Sivadasan N

  4. 4.Canara Bank Ltd.

    Adv. Jacob Joseph

  5. 5.State Bank of India

    Adv. MARIADAS JOHN

  6. 6.Kerala State Co-operative Bank Ltd.

    Adv. PRAMOD. R

  7. 7.Vijayakumar

  8. 8.Maharaja Paints and Hardwares

  9. 9.Shalimar Paints Ltd.

  10. 10.The State of Kerala

Case History

  1. Case disposedDisposed

  2. 27-Mar-2026

    JudgementView PDF

    The Sub Judge's court adjudged Muralidhar Sreedhara Pai as an insolvent under Section 7 of the Insolvency Act, 1955, finding that he had total liabilities of Rs. 27,07,809/- which he was unable to pay due to business failure. The court rejected the respondent banks' objections that he had undisclosed assets and income, noting that the petitioner had satisfied all statutory requirements under Section 10 of the Act and had committed an act of insolvency under Section 6(f) by filing the petition himself. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 27-Mar-2026

    Disposed

    Sub Judge and Asst.Sessions Judge, Cherthala

  4. 26-Mar-2026

    OrderView PDF

  5. 26-Mar-2026

    Order/ Judgement

    Sub Judge and Asst.Sessions Judge, Cherthala

  6. 25-Mar-2026

    Order/Judgement

    Sub Judge and Asst.Sessions Judge, Cherthala

  7. 24-Mar-2026

    For further hearing

    Sub Judge and Asst.Sessions Judge, Cherthala

  8. 23-Mar-2026

    For Hearing

    Sub Judge and Asst.Sessions Judge, Cherthala

  9. 19-Mar-2026

    Defendant/Respondent Evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  10. 17-Mar-2026

    Defendant/Respondent Evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  11. 13-Mar-2026

    For evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  12. 12-Mar-2026

    for evidence.

    Sub Judge and Asst.Sessions Judge, Cherthala

  13. 07-Mar-2026

    For evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  14. 27-Feb-2026

    For reports

    Sub Judge and Asst.Sessions Judge, Cherthala

  15. 20-Feb-2026

    For evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  16. 19-Feb-2026

    Judge on leave / duty

    Sub Judge and Asst.Sessions Judge, Cherthala

  17. 29-Jan-2026

    For paper Publication

    Sub Judge and Asst.Sessions Judge, Cherthala

  18. 20-Dec-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  19. 16-Dec-2025

    No sitting notified

    Sub Judge and Asst.Sessions Judge, Cherthala

  20. 02-Dec-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  21. 15-Nov-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  22. 06-Nov-2025

    Judge on leave / duty

    Sub Judge and Asst.Sessions Judge, Cherthala

  23. 24-Oct-2025

    Verify and report

    Sub Judge and Asst.Sessions Judge, Cherthala

  24. 11-Sep-2025

    For Objection and hearing

    Sub Judge and Asst.Sessions Judge, Cherthala

  25. 08-Aug-2025

    No sitting notified

    Sub Judge and Asst.Sessions Judge, Cherthala

  26. 04-Jul-2025

    for evidence.

    Sub Judge and Asst.Sessions Judge, Cherthala

  27. 24-Jun-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  28. 04-Jun-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  29. 27-Mar-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  30. 17-Mar-2025

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  31. 27-Feb-2025

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  32. 12-Feb-2025

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  33. 04-Feb-2025

    Verify and report

    Sub Judge and Asst.Sessions Judge, Cherthala

  34. 21-Jan-2025

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  35. 21-Dec-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  36. 16-Dec-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  37. 18-Nov-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  38. 30-Sep-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  39. 05-Sep-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  40. 06-Jul-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  41. 23-May-2024

    Issue notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  42. 02-Mar-2024

    Issue notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  43. 30-Jan-2024

    Issue notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  44. 13-Dec-2023

    Issue notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  45. 17-Nov-2023

    Issue notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  46. 05-Oct-2023

    First hearing

    Initial hearing scheduled

  47. 04-Oct-2023

    Case filed

    Registration No. 100001/2023

casestatus.in Summary

The Sub Judge's court adjudged Muralidhar Sreedhara Pai as an insolvent under Section 7 of the Insolvency Act, 1955, finding that he had total liabilities of Rs. 27,07,809/- which he was unable to pay due to business failure. The court rejected the respondent banks' objections that he had undisclosed assets and income, noting that the petitioner had satisfied all statutory requirements under Section 10 of the Act and had committed an act of insolvency under Section 6(f) by filing the petition himself. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

Search Another Case