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2018 (1) TMI 1642 - BOMBAY HIGH COURTWinding up of Respondent company - company is unable to discharge its debts and is commercially insolvent - HELD THAT:-This Court while admitting the petition has clearly satisfied that respondent company is unable to pay its debts and the claim of petitioner is undisputed. It is also satisfied that there is a debt and the company is unable to discharge its debts, is commercially insolvent and requires to be wound up. The company be wound up by this Hon'ble Court in accordance with provisions of the Companies Act, 1956 - petition allowed.
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