IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN ITS INSOLVENCY JURISDICTION PETITION NO.53 OF 2006 Re: Rajesh K. Jogani ..Debtor. Ex-parte : Mahendra G. Doshi ..Petitioning Creditor. ... Mr. M. D. Parekh i/b S. Ashwinikumar & Co. for the Petitioning Creditor. Debtor absent though served. ... CORAM: DR. D.Y. CHANDRACHUD, J. 3rd October, 2006. P.C. : The Insolvency Petition is based on a decree of this Court dated 23rd November, 2005 in Summary Suit 2465 of 2005. An Insolvency Notice was issued on 24th February, 2006 which was served on the Debtor on 27th February, 2006. The act of insolvency was complete on 4th April, 2006. The Insolvency Petition has been duly served and an affidavit of service has been filed. There is no reply to the Petition and the Debtor has failed to appear. In the circumstances, the Insolvency Petition has to be allowed and is accordingly allowed in terms of prayer clauses (a) and (b ).