cp535-09 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.535 OF 2009 Associated Chemical Corporation ....Petitioner V/s. Chandralok Textile Industries Pvt. Ltd. ....Respondent Ms.Bharati Narichania i/b Vibha Jurisconsult Co. for the Petitioner. None for the Respondent. CORAM : S.J. VAZIFDAR, J. DATE : 26TH JULY, 2010. P.C. :- 1. This is the petition for winding up the Respondent company on the ground that it is unable to pay its debts. According to the Petitioner, the Respondent is indebted to them in the sum of over Rs.14,00,000/- together with interest at 18% p.a. from 1.8.2007. 2. The claim arises on account of the goods sold and delivered by the Petitioner to the Respondent under and in terms of various invoices. 3. There is no reply to the statutory notice. There is no affidavit in reply. The Respondent company was absent when the petition was admitted on 26.11.2009. The company is absent today. There is no defence to the Petitioner’s claim. 4. In the circumstances, the petition is made absolute in terms of prayers (i) and (ii).The Petitioner shall be entitled to the costs fixed at Rs. 10,000/- to be recovered in the winding up proceedings.