1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.265 OF 2001 Hemal C. Mehta ....Petitioner V/s. Rider Electronics Ltd. ....Respondent Mr.Tonapang Imchen i/b Dave & Co. for the Petitioner. None for the Respondent. CORAM : S.J. VAZIFDAR, J. DATE : 21ST JUNE, 2010. P.C. :- 1. This is a Petition for winding up of the Respondent Company on the ground that the company is unable to pay its debts. According to the Petitioner, the company is indebted to it in the sum of Rs.50,512=16 ps. together with further interest thereon. 2. The claim arises on account of the goods sold and delivered by the Petitioner to the Respondent under the terms and conditions contained in and evidenced by the invoice. The invoice stipulates the interest at 19% p.a. The said challan is also annexed. There is no reply to the statutory notice. There is no affidavit in reply. 3. In view of above and in view of what is stated in the order dated 6.12.2007, I see no reason to dismiss the Company Petition. The company was given an opportunity even by the said order to deposit the amount which it failed to availed of. 2 4. In the circumstances, the Company Petition is made absolute in terms of prayers (a) and (b). 5. The Petitioner shall be entitled to claim the costs of this Petition fixed at Rs.5,000/- as also the costs of the advertisement in the winding up proceedings.