https://www.taxtmi.com/caselaws?id=195342 The Bombay HC held the company liable to pay Rs. 18,38,970.52 to the petitioner with interest, as the company failed to respond to the statutory notice and make payments. The court declared the company commercially insolvent and unable to pay its debts, disposing of the application for Speaking to the Minutes. en-us Mon, 13 Oct 2014 00:00:00 +0530 Fri, 27 Oct 2017 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195342 The Bombay HC held the company liable to pay Rs. 18,38,970.52 to the petitioner with interest, as the company failed to respond to the statutory notice and make payments. The court declared the company commercially insolvent and unable to pay its debts, disposing of the application for Speaking to the Minutes. Case-Laws Companies Law Mon, 13 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195342