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TMI Blog2016 (4) TMI 1475X X X X Extracts X X X X X X X X Extracts X X X X ..... ORAL ORDER 1. This petition under Sections 433 and 434 of the Companies Act, 1956 ("the Companies Act", for short) has been preferred, inter alia, with a prayer to wind up M/s. Samshi Pipe Industries Limited, the respondent Company. 2. This Court issued notice in the petition on 19.01.2016. The respondents have been served as is evident from the affidavit of service affirmed on 19.02.2016. How ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... firm duly supplied the said material to the respondents against the abovementioned purchase orders and 124 invoices were raised between 21.05.2013 and 27.07.2013. These details are mentioned in the Confirmation of Accounts dated 01.04.2014. It is further submitted that the respondent Company issued eight cheques, the details of which are mentioned in paragraph 5.3 of the petition against the supp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of the dues it owes to the petitioner and, in fact, it is unable to pay the said amount or discharge its liability towards the petitioner. The statutory notice issued by the petitioner to the respondent Company on 07.07.2015, has remained unanswered, and no payment has been made. 3. Having heard Mr. Viral K. Shah, learned advocate for the petitioner and upon perusal of the averments made in th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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