IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY INSOLVENCY PETITION NO.134 OF 2005 Re : Ratilal Jivraj Chheda. ...Debtor. Ex-parte: Vishwanath T.Sawant. ...Petg. Creditor. .... Ms. N/G. Solanki i/b. Kiran Jain & Co. for the Petitioning Creditor. Debtor absent though served. ..... CORAM : DR.D.Y.CHANDRACHUD, J. August 19, 2006. P.C. The Insolvency Petition is based on a decree dated 21st July 2004 passed by this Court in Summary Suit No.3576 of 2002 in the amount of Rs.5,64,974/- with further simple interest on the principal sum of Rs.4,00,000/- at the rate of 6% per annum from 16th August 2005. An Insolvency Notice dated 31st March 2005 was served on 12th July 2005. The act of insolvency was complete on 17th August 2005. The Insolvency Petition has been duly served. An affidavit of service has been filed. There is no reply. The Petition is made absolute in terms of prayer clauses (a) and (b). .....