1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.778 OF 2000 M/s.Time Technoplast Ltd. .. Petitioners Vs. M/s.Ventron Polymers Ltd. ... Respondents Ms.Neeta S. Jain for the petitioners None for the respondents CORAM : S.J. VAZIFDAR, J. DATED : 19th JULY, 2010 P.C.: 1. This is a petition for winding up the respondent company inter alia on the ground that it is unable to pay its debts. 2. According to the petitioners, the respondents are indebted to it in the sum which today exceeds Rs.4.0 lacs. The claim arises on account of goods sold and delivered by the petitioners to the respondents on the terms and conditions contained in the three invoices. In reply to the petitioners notice demanding payment, the respondents did not deny its liability. It however, kept seeking inspection of various documents. 2 It did not deny the said case. It raised no demur as to the quality or quantity thereof. 3. In the circumstances, there is no defence to the petitioners claim. ’ The Company is absent today. The Company was absent even when the petition was admitted on 18.06.2004 as recorded in the order dated 2.12.2004. 4. In these circumstances, the following order is passed: (a) The respondent company is ordered and directed to be wound up by under the directions of this court. (b) The Official Liquidator appointed liquidator of respondent company shall proceed with the winding up in accordance with law. (c) The petitioners shall be entitled to costs of Rs.10,000/- which may be recovered in the winding up proceedings.