2010 (6) TMI 327

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....e carried on business in the name and style of M/s. Ashwin Industries Pvt. Ltd., subsequently changed the name to M/s. Dhruva Machine Works Pvt. Ltd., within the knowledge of the first respondent-company incorporated under the Companies Act, 1956 which had a continuous business contract with the petitioner. 2. According to the petitioner in the course of business transaction the respondent beca....

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....he amount only if the products are delivered in accordance with the terms and conditions of the business transaction entered into between them. 3. It is stated that by notice dated 7-8-2006 Annexure-F the respondent admitted that it is due to the petitioner Rs. 1,44,396.76 as on 31-7-2006 on account of supply of materials which was responded by reply dated 24-8-2006 Annexure-G stating that the ....