inpt11-10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY INSOLVENCY PETITION NO.11 OF 2010 Re. : V.T. Seth & Anr. ....Debtors Ex-parte : Videocon Industries Ltd. ....Petitioning Creditors Mr.Kishore P. Jain i/b Mr.P.V. Shah for the Petitioning Creditor. None for the Debtors. CORAM : S.J. VAZIFDAR, J. DATE : 16TH NOVEMBER, 2010. P.C. :- 1. This is a petition for adjudicating the debtors as insolvents. 2. Pursuant to the consent terms, an amount which today exceeds Rs.15.00 crores is due and payable by the debtors to the petitioning creditors. The notice of motion for setting aside the insolvency notice was dismissed by an order and judgment dated 13.8.2010. Mr.Jain fairly states that the appeal has been filed. There is however, no order staying the hearing of this petition. The debtors are absent. 3. In the circumstances, the petition is made absolute in terms of prayers (a) and (b). Costs to be quantified as per rules.