Prior to the filing of the Insolvency Petition, the supply was temporarily suspended and 500 card holders were allotted to another shop.
The result of the dismissal of the interlocutory application was that the appellant who was declared an insolvent on his own petition on 25.4.96, was number permitted to companyduct his retail business of selling Kerosene under Licence No.
920/ per month and out of which the appellant would be willing to allocate Rs.
89 of 1997 in Insolvency Petition No.
By that Judgment, the Division Bench affirmed the order of the learned Single Judge dated 4.8.1997 in Application No.
150/ p.m. towards his liability to the general body of creditors.
173 of 1974 as an agent of the Civil Supplies Department of the Tamil Nadu Government.
Thereafter, the appellant filed I.A. No.
33 of 1996.
The following are the facts in brief The appellant filed a Petition I.P. No.
JAGANNADHA RAO,J Leave granted.
He stated that he was earlier supplying 5000 litres every month at the rate of 200 litres per day for 25 days in a month.
89 of 1997 on 10.5.97 seeking permission to restart his Kerosene business under Licence No.
He had to supply 10 litres to each card holder per month.
The licence was renewable every two years.
173 of 1974 as agent of the Tamil Nadu Civil Supplies Department which, according to him, would fetch him Rs.
The said application was allowed on 25.4.96 by the learned Single Judge.
