TMI Blog2012 (7) TMI 1044X X X X Extracts X X X X X X X X Extracts X X X X ..... Company ) which was incorporated under the provisions of the Companies Act, 1956 ( the Act ). The Company Petition is at the stage of admission. 2. According to the Petitioner, an amount of ₹ 112,99,23,300/is due and payable by the Respondent Company to the Petitioner towards the payment of the outstanding dues of foreign buyers as stated in the Agreement dated 22/06/2006 and Addendum MO ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Copy of the Petition has been served at the registered office address of the Company which address is shown as the registered office address of the Company in the records of the Registrar Of Companies. However, the packet containing copy of the Petition has been returned with the remark Shifted . It is therefore submitted that the Company is unable to pay its debts and deserves to be wound up. It ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the following Order : i) The Company Petition is admitted and made returnable on 27th September 2012. ii) The Petition shall be advertised by the Petitioner in two local newspapers namely Free Press Journal (in English), NavShakti (in Marathi) and in Maharashtra Government Gazette. iii) The Petitioner shall, on or before 21st August 2012, deposit an amount of ₹ 10,000/with the P ..... X X X X Extracts X X X X X X X X Extracts X X X X
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