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Issues: Whether the company petition for winding up on the ground of inability to pay debts should be made absolute.
Analysis: The petition had already been admitted and ordered to be advertised. No affidavit in reply was filed, the company remained absent, and nothing was shown to justify taking a different view from the earlier order. Compliance with the publication requirement was also noted.
Conclusion: The company petition was made absolute in terms of the prayers for winding up, in favour of the petitioner.
Final Conclusion: The company stood ordered to be wound up, and costs were awarded to the petitioner.
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