:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY IN INSOLVENCY IN INSOLVENCY PETITION NO. 23 OF 2008 PETITION NO. 23 OF 2008 PETITION NO. 23 OF 2008 Re: Naren Mukhi ..Debtor Ex-parte :- Ex-parte :- Ex-parte :- Harivanshlal Behl son of ..Petitioning Deena Nath Behl Creditor Mrs. Divya Sanghvi for the Petitioning Creditor. None for the Debtor. CORAM : S. A. BOBDE, J. CORAM : S. A. BOBDE, J. CORAM : S. A. BOBDE, J. DATE : 2ND SEPTEMBER, 2008. DATE : 2ND SEPTEMBER, 2008. DATE : 2ND SEPTEMBER, 2008. P.C. P.C. P.C. . Heard learned counsel for the Petitioning Creditor. 2. This petition is for adjudication of the Debtor as an Insolvent. Though served, as apparent from the Affidavit of Service, the Debtor has not appeared. 3. In the Affidavit in Support, the Petitioning Creditor claims that the Debtor is indebted to him in the sum of Rs.8,68,410.17 paise with further :2: interest @ 18% per annum on Rs.2,53,566/- till payment and/or realization, under an Order and Decree dated 29.8.2000 obtained by the Petitioning Creditor against the Debtor from the Court of Civil Judge (Junior Division) Amritsar in Suit No. 474 of 1997. 4. The Petitioning Creditor served the Notice upon the Debtor on 14.2.2008 through substituted service by pasting. The Debtor failed to comply with the Notice within 35 days of service of the said Notice on 14.2.2008 and has therefore committed an act of insolvency. The Petition is filed within three months of the said act. 5. In view of the uncontroverted averments, the aforesaid statements of the Petitioning Creditor are accepted. Accordingly the Judgment Debtor is adjudicated as an Insolvent. Order accordingly. (S. A. BOBDE, J.) (S. A. BOBDE, J.) (S. A. BOBDE, J.)