THE HON'BLE Ms. JUSTICE G.ROHINI COMPANY PETITION No.234 OF 2010 Dated: 28.02.2011 Between: P.V.Reddy ..... Petitioner And M/s. Narne Homes Private Limited ….. Respondent The Court made the following:- THE HON’BLE Ms. JUSTICE G. ROHINI COMPANY PETITION No.234 OF 2010 O R D E R : This is a creditor’s petition under Section 433 (e) read with Section 434 (1) (a) and 1(b) of the Companies Act, 1956 for winding up of the respondent company alleging that the respondent company failed to repay a sum of Rs.10,00,000/- together with interest in spite of statutory notice. It is claimed that the said amount was paid by the petitioner towards advance for purchase of residential flat. In response to the notice ordered by this Court, Sri S.Balvanth Reddy entered appearance for the respondent on 07.02.2011 and the matter was adjourned to this day for counter. Though no counter is filed, when the matter is taken up for consideration, it is represented by the learned counsel for the petitioner that the entire principal amount of Rs.10,00,000/- has been paid by the respondent company vide cheque No.640955, dated 17.01.2011 and therefore, no further enquiry is necessary in the company petition. Accordingly, the Company Petition is closed. No costs. ____________ G. ROHINI, J Date: 28.02.2011 Ivd