IN THE HIGH COURT OF JUDICATURE AT BOMBAY INSOLVENCY JURISDICTION PETITION NO.132 OF 2004 Re: Mahendra Babulal Shah. .. Debtor. Exparte : Champalal P.Jain. ..Pt.Creditor. .... Mr.Kishore Jain for the Petitioning Creditor. Debtor absent though served. ..... CORAM CORAM CORAM : DR.D.Y.CHANDRACHUD, J. : DR.D.Y.CHANDRACHUD, J. : DR.D.Y.CHANDRACHUD, J. April 5, 2005. P.C.: P.C.: P.C.: The Insolvency Petition is based on a decree on admission passed by this Court on 26th June 1997 in Summary Suit No.651 of 1996. An insolvency notice was issued on 21st November 2003 and the Petition has been filed after the act of insolvency was complete. An affidavit proving service has been filed in the proceedings. There is no reply to the petition. The petition is accordingly made absolute in terms of prayer clauses (a) and (b). ......