1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.629 OF 2005 M/s.Advent Advisory Services .. Petitioners Vs. Matulya Mills Ltd. ... Respondents Ms.Bina Jariwala i/b M/s.Auroma Law 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 Company is indebted to it in the sum which today exceeds Rs.60.0 lacs together with interest @ 18% p.a. from 8.11.04 till date. 3. The petition was admitted by an order dt.12.01.06 as modified by an order dt.27.1.06. The order dt.12.1.06 sets out all the facts in detail. It is not necessary therefore, to repeat the same in this order. There are 2 no change in the circumstances since the date of passing of the order dt.12.1.06. 4. The Company has remained absent throughout. There is no affidavit in reply. In the circumstances, there is no defence to the petitioners’ claim. 5. The Company Petition is therefore, made absolute in terms of prayer clause (a) and (b). The petitioners shall be entitled to costs of Rs. 10,000/- which may be recovered in the winding up proceedings.