1 jpc/- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.530 OF 2000 Lloyads Finance Ltd. .. Petitioner Versus Chandulal Rameshwardas Imports Ltd. .. Respondent Mr. Prakash Mahadik i/by V.V. Juris for the petitioner Mr. Mitesh Naik i/by Umesh Shetty & Co. for the Respondents CORAM : S. J. KATHAWALLA, J. DATE : 9th April, 2010 P.C.: 1. This Company petition is for hearing and final disposal. The Company Petition was admitted by an order of this Court dated 13th September, 2000. The Respondent has admitted its liability to pay to the petitioner a sum of Rs.2,24,12,500/- by its acknowledgment dated 7th August, 1998. Since there was no response to the Petition filed by the Petitioner, the Company Petition was admitted. Advertisement was dispensed with in the matter since the Company Petition No. 534 of 1997 was already admitted and advertised. 2. Today the learned Advocate appearing for the respondent Company 2 states that he has nothing to say on behalf of the respondent company and this Court may proceed to pass appropriate orders. 3. The company petition is therefore allowed in terms of prayer clauses (a) and (b). (S. J. KATHAWALLA, J.)