1 49.cp.847.05 skt IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.847 OF 2005 M/s.Ford Credit Kotak Mahindra Ltd. ....Petitioner V/s. M/s.Akarsha Travels Ltd. ....Respondent ..... Mr.S.A.Oak i/by Mahesh Menon & Co. for the Petitioner. None for the Respondent. .... CORAM : S.J. VAZIFDAR, J. DATE : 15TH DECEMBER, 2010. P.C. :- 1. This is a petition for winding up of the Respondent-company inter alia on the ground that it is unable to pay its debts. 2. According to the Petitioner, an amount over Rs.10 lacs is due and payable by the Respondent to the Petitioner. The claim arises under a loan agreement. There is no reply to the statutory notice. The Respondent is absent. There is affidavit-in-reply. There is no defence to the Petitioner’s claim. 3. In the circumstances, the petition is made absolute in terms of prayers (a) & (b) of the petition. 2 49.cp.847.05 4. The Petitioner shall be entitled to the costs fixed at Rs.10,000/- to be recovered in the winding up proceedings. -