2016 (7) TMI 1659

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..... has evaded the service of the notice, it can be presumed that the company has no defence to the claim of the petitioning creditor. Under such circumstances, the winding up petition is admitted for a sum of Rs.10.26 lakhs together with interest at the rate of 6% per annum on and from June, 2016. In the event, the company pays off the aforesaid sum in four equal monthly instalment commencing fro .....

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..... med by the company without raising any objection. The company has made payment of Rs.13,76,801/- as part-payment. The company, however, did not pay the balance amount of Rs.10,25,745/-. In view of failure and negligence to pay the aforesaid sum, the petitioner issued a supplementary notice on 3rd May, 2016, the notice was returned with the endorsement Unclaimed . However, the winding-up petition .....

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..... ult, the petition will be advertised once in The Statesman and once in Bartaman . The advertisements should indicate that the matter will appear before Court on the first available working day after the expiry of four weeks from the date of the publications being made. Publication in the Official Gazette will stand dispensed with. The petitioning creditor shall communicate this order to the .....

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