IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY PETITION NO.157 OF 2005 Re: Madhvi Raghunath Patil ..Debtor. Ex parte : Mohanlal L. Talreja ..Petitioning Creditor. ... Mr. Ramesh Jain for the Petitioning Creditor. Debtor absent though served. ... CORAM: DR. D.Y. CHANDRACHUD, J. 3rd October, 2006. P.C. : The Insolvency Petition is based on a decree on admission dated 2nd April, 2004 passed by this Court in Summary Suit 3401 of 2003. An Insolvency Notice was issued on 4th October, 2005 which was served on the Debtor on 6th October, 2005. The act of insolvency was complete on 11th November, 2005. The Insolvency Petition has been duly served and an affidavit of service has been filed. There is no reply to the Petition and the Debtor has failed to appear. In the circumstances, the Insolvency Petition has to be allowed and is accordingly allowed in terms of prayer clauses (a) and (b ).