1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.379 OF 2001 Patanwala Trading & Investment Pvt. Ltd. ....Petitioner V/s. Sarda Fashions Ltd. ....Respondent Mr.A.S. Uraizee i/b Uraizee Brothers 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.2,50,235/- together with further interest thereon from the date of the petition at 18% p.a. on the principal sum of Rs.2,00,000/-. 2. The Petitioner had deposited a sum of Rs.2,00,000/- with the company repayable with interest at 18% p.a. The amount was deposited on 5.12.1990. Part payment had been made in respect whereof a T.D.S. certificate has been issued. The company having failed to pay the balance amount, the Petitioner through its advocate, served a statutory notice. There is no reply to the statutory notice. There is no affidavit in reply. 3. By an order dated 8.8.2001, the Company Petition was admitted. There appears to be no change in the conduct or condition of the 2 company during the pendency of this Company Petition. 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.10,000/- as also the costs of the advertisement in the winding up proceedings.