1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.232 OF 2005 Nitin A. Shah and Ors. .. Petitioners Vs. Shreeji Dham Developers Pvt.Ltd ... Respondents Ms.Pratibha Mehta i/b M/s.Little and Co. for the petitioners None for the respondents CORAM : S.J. VAZIFDAR, J. DATED : 19th JULY, 2010 P.C.: 1. This is a petition for winding up the respondent company inter alia on the ground that it is unable to pay its debts. 2. According to the eight petitioners, the respondents are indebted to them for various amounts aggregating to almost Rs.1,20,00,000/-. The claim arises on account of monies lent and advanced by the petitioners to the respondents repayable with interest @ 15% p.a. 3. The loan has been admitted in the balance sheet of the respondents from time to time. There was no reply to the statutory notice. There 2 is no affidavit in reply. The Company is absent today. The Company was absent even when the petition was admitted on 30.06.2005. 4. In the circumstances, there is no dispute to the petitioners claim. The petition is therefore, made absolute in terms of prayer clause (a) and (b). The petitioners shall be entitled to costs of Rs.10,000/- which may be recovered in the winding up proceedings.