IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR COMPANY PETITION NO. 2 OF 2008 Nilesh Rupchand Raut & Anr. vs. Shri Anant Farm & Estate (P) Ltd. Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders. CORAM : B.P. DHARMADHIKARI, J. APRIL 09, 2008. Heard Shri Khandalkar, Advocate for the petitioner. The petition is for winding up under Section 433 and 434 of the Companies Act. The amount claimed to be outstanding is Rs.20,000/- each i.e. total Rs.40,000/- for both the petitioners. As per Section 434(1)(a) of the Act, the sum has to be exceeding Rs. one lakh. Company Petition is, therefore, not maintainable. Hence, the same is dismissed accordingly with liberty to the petitioners to take appropriate steps as are open to them in accordance with law. JUDGE *GS.