IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY INSOLVENCY PETITION NO.103 OF 2005 Re : Mr.Pankaj Madhukar Dhamdhere & Ors. ...Debtors. Ex-parte: Mandvi Co-operative Bank Ltd. ...Petg. Creditor. .... Mr.U. S. Borade for the Petitioning Creditor. ..... CORAM : DR.D.Y.CHANDRACHUD, J. August 19, 2006. P.C. The Insolvency Petition is based on an Award of the Co- operative Court dated 13th May 2004 in Case No. CCI/62 of 2004 in the amount of Rs.42,603.03 with further interest on the principal sum of Rs.37,198.63 at the rate of 18% per annum from 1st November 2004. An Insolvency Notice dated 11th February 2005 was served by substituted service on 10th March 2005. The act of insolvency was complete on 15th April 2005. The Insolvency Petition has been duly served. Affidavit of service filed. There is no reply. The Petition is made absolute in terms of prayer clauses (a) and (b). .....