1 IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY IN IN IN INSOLVENCY INSOLVENCY INSOLVENCY PETITION PETITION PETITION NO. 199 OF 2004 NO. 199 OF 2004 NO. 199 OF 2004 Re: R.K.Gupta & Anr. Debtors Ex parte : SICOM Limited ... Petitioning Creditors Mr Kishore Jain i.b Mr P.V.Shah for Petitioning Creditors. Debtors absent though served CORAM CORAM CORAM : D.G.KARNIK, J : D.G.KARNIK, J : D.G.KARNIK, J DATE: DATE: DATE: 21st June, 2005 21st June, 2005 21st June, 2005 P.C. P.C. P.C. 1. Heard learned counsel for the petitioner. None present for the debtors though served. Affidavit of service is filed on record. The Insolvency Registrar states that the service is proper. In the absence of any affidavit in reply averments made in the affidavit in support are deemed to be 2 accepted. 2. Petition is allowed in terms of prayer clause (a). Usual order as to costs. D.G.KARNIK, J