2000 (7) TMI 907

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.... filed by the petitioner for the liquidation of the respondent-company Rajinder Pipes Ltd., having its registered office at Rajinder House, 117/H-1303 Model Town, Pandav Nagar, Kanpur. 2. The case put forth by the petitioner is that it extended a loan by way of Bill Discounting Facility of Rs. 50 lacs for a period of 90 days. The Bill was drawn by Jatipura Trading (P.) Ltd., Mumbai and instruct....

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....d 18-8-1999, found that prima facie, the respondent-company was unable to pay its debt. The petition was admitted and ordered to be advertised as per Rule 24 of the Companies (Court) Rules, 1959. In consequence of such order, publication came to be made as per rule 24 in English Newspaper 'Pioneer' dated 30-11-1999 published from Lucknow and Hindi newspaper 'Amar Ujala' dated 28-11-1999 published ....