S. Retnakar vs Muttom Service Co-oprerative Bank Ltd. Advocate - JOJI. K ANTONY — 100002/2023

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

Case disposed

OP(Insolvency) - ORIGINAL PETITION INSOLVENCY

CNR: KLAL100002682023

Filing Number

100191/2023

Filing Date

07-Oct-2023

Registration No

100002/2023

Registration Date

07-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.S. Retnakar

    Adv. THOMAS JOSEPH

Respondent(s)

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

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

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

    Adv. Sivadasan N

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

    Adv. PRAMOD. R

  5. 5.Vijayakumar

  6. 6.Maharaja Paints and Hardwares

  7. 7.The State of Kerala

Case History

  1. Case disposedDisposed

  2. 27-Mar-2026

    JudgementView PDF

    Summary The Sub Judge of Cherthala allowed S. Retnakar's petition for insolvency under Section 7 of the Insolvency Act, 1955, adjudging him as an insolvent with total liabilities of Rs. 20,71,860. The court found that the petitioner had established his inability to pay debts through credible testimony and that respondents failed to provide sufficient evidence of his claimed assets or income despite cross-examination. The Official Receiver was directed to take charge of any assets, including undivided shares, and the petitioner was permitted to apply for discharge within one year. 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. 21-Mar-2026

    For cross examination.

    Sub Judge and Asst.Sessions Judge, Cherthala

  10. 19-Mar-2026

    Defendant/Respondent Evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  11. 17-Mar-2026

    Further evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  12. 13-Mar-2026

    Further evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  13. 12-Mar-2026

    For evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  14. 07-Mar-2026

    For evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  15. 27-Feb-2026

    For reports

    Sub Judge and Asst.Sessions Judge, Cherthala

  16. 20-Feb-2026

    For evidence

    Sub Judge and Asst.Sessions Judge, Cherthala

  17. 19-Feb-2026

    Judge on leave / duty

    Sub Judge and Asst.Sessions Judge, Cherthala

  18. 29-Jan-2026

    For paper Publication

    Sub Judge and Asst.Sessions Judge, Cherthala

  19. 20-Dec-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  20. 04-Dec-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  21. 22-Nov-2025

    No sitting notified

    Sub Judge and Asst.Sessions Judge, Cherthala

  22. 14-Nov-2025

    For production of documents/Affidavit

    Sub Judge and Asst.Sessions Judge, Cherthala

  23. 30-Oct-2025

    Verify and report

    Sub Judge and Asst.Sessions Judge, Cherthala

  24. 17-Oct-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  25. 18-Sep-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  26. 22-Aug-2025

    For hearing on IA

    Sub Judge and Asst.Sessions Judge, Cherthala

  27. 13-Aug-2025

    For Objection and hearing

    Sub Judge and Asst.Sessions Judge, Cherthala

  28. 23-Jul-2025

    Declared Holidays

    Sub Judge and Asst.Sessions Judge, Cherthala

  29. 23-Jun-2025

    for evidence.

    Sub Judge and Asst.Sessions Judge, Cherthala

  30. 20-May-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  31. 02-Apr-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  32. 25-Feb-2025

    Objection

    Sub Judge and Asst.Sessions Judge, Cherthala

  33. 22-Jan-2025

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  34. 02-Dec-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  35. 23-Oct-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  36. 30-Aug-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  37. 01-Aug-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  38. 15-Jul-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  39. 04-Jun-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  40. 05-Apr-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  41. 18-Mar-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  42. 31-Jan-2024

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  43. 13-Dec-2023

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  44. 18-Nov-2023

    Return of notice

    Sub Judge and Asst.Sessions Judge, Cherthala

  45. 09-Oct-2023

    First hearing

    Initial hearing scheduled

  46. 07-Oct-2023

    Case filed

    Registration No. 100002/2023

casestatus.in Summary

Summary The Sub Judge of Cherthala allowed S. Retnakar's petition for insolvency under Section 7 of the Insolvency Act, 1955, adjudging him as an insolvent with total liabilities of Rs. 20,71,860. The court found that the petitioner had established his inability to pay debts through credible testimony and that respondents failed to provide sufficient evidence of his claimed assets or income despite cross-examination. The Official Receiver was directed to take charge of any assets, including undivided shares, and the petitioner was permitted to apply for discharge within one year. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

Search Another Case