1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.946 OF 2009 M/s.Embee Software Pvt. Ltd. ....Petitioner V/s. Indoglobal Media (P) Ltd. ....Respondent Ms.Gargi Bhagwat i/b M/s.Divekar & Co. for the Petitioner. None for the Respondent. CORAM : S.J. VAZIFDAR, J. DATE : 8TH JUNE, 2010. P.C. :- 1. This is a Petition for winding up of the Respondent company on the ground that it is unable to pay its debt. 2. The Petitioner’s claim arises on account of the goods sold and delivered as is evidenced by the invoices annexed to the Petition. 3. There was no reply to the Petitioner’s advocate notice dated 16.2.2009 demanding payment. There is no reply to the statutory notice dated 1.4.2009. There is no reply to the Petition. The Respondents are absent. 4. However, with a view to giving an opportunity to the company of paying the amounts, the following order is passed :- i). In the event of the company paying an amount of Rs.3,01,842/- together with interest at 12% p.a. from 16.2.2009 till payment and/or 2 realization, on or before 31.7.2010, the Company Petition shall stand dismissed. ii). In case of failure on the part of the Company to pay the amount as aforesaid, the Petition shall stand admitted and to be advertised in Free Press Journal, Maharashtra Times and Maharashtra Government Gazette. The Petitioner to deposit an amount of Rs. 10,000/- with the Prothonotary and Senior Master of this Court within four weeks from the date of default.