IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY INSOLVENCY PETITION NO.147 OF 2005 Re : Shri Shrikant Mahadev Ghate. ...Debtor. Ex-parte: The Jain Sahakari Bank Ltd. ...Petg. Creditor. .... Mr.R. V. Vengurlekar for the Petitioning Creditor. ..... CORAM : DR.D.Y.CHANDRACHUD, J. October 17, 2006. P.C. The Petition is based on an award dated 27th January 2005 passed under Section 84 of the Multi State Co-operative Societies Act, 2002. An Insolvency Notice dated 31st August 2005 was personally served on the Debtor on 15th September 2005. The Debtor committed an act of insolvency on 21st October 2005. An affidavit of service has been filed. No reply is filed to the petition. An order of adjudication has to be passed and is accordingly passed in terms of prayer clauses (a) and (b). .....