1 IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN INSOLVENCY JURISDICTION IN INSOLVENCY JURISDICTION IN INSOLVENCY JURISDICTION INSOLVENCY PETITION NO.85 OF 2006 Re: Narendra C.Soni & Anr. ..Debtors. Ex-parte SICOM Ltd. ..Petg.Creditor. Mr.G.R.Mehta for Petitioning creditor. CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J DATE : NOVEMBER 20, 2007. DATE : NOVEMBER 20, 2007. DATE : NOVEMBER 20, 2007. P.C. : P.C. : P.C. : 1. The present Petition is founded on the Decree passed by the Court against Debtor on 17th November, 2000 in Misc. Petition No.32 of 2000. As the Debtor failed to pay the amount, Petitioning Creditor took out Notice No.N/248 of 2005 on 17th December, 2007, which was duly served on the Debtor on 23rd May, 2006. Inspite of service, Debtor failed to pay the decreetal amount. In that sense, act of insolvency was completed on 28th June, 2006. 2. As the Debtor failed to pay the amount or offer any explanation for non-payment, Petitioning Creditor have had no option but to take out the present action which has been filed on 18th August, 2006. The Debtor has been duly served with notice in 2 the present action. Inspite of such service, none appears for the Debtor. No reply has been filed. As no explanation has been offered on behalf of the Debtor, Petition ought to succeed in terms of prayer clauses (a) and (b). . Ordered accordingly. (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J)