2011 (12) TMI 266

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.... petitioner is a Private Limited Company registered under the provisions of the Companies Act having its registered office at 19th KM, Mysore Road, Anchepalya, Chellaghatta Road Cross, Bangalore - 560 074, having engaged in the business of manufacturing PVC compounds 3. Respondent is a company incorporated and registered under the Companies Act, 1956 having its registered office at No. 120, Cunningham Road, Bangalore - 560 052. It was carrying on the business of consultancy engineers for the project of Cements, Steel, Rayon, Textiles. Power Transmission, Automotive chemicals and alike projects. They are manufacturing copper and metals based lead wires. The authorised share capital of the respondent company is Rs. 5,00,00,000/- (Rupees Fi....

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....objections. In spite of granting opportunity, respondent has not filed objections. This court by order dated 21.08.2009 admitted the company petition and directed the petitioner to take out advertisement on or before 10.09.2009 indicating the date of hearing as 09.10.2009 in "The Hindu" English daily newspaper, Bangalore edition. Accordingly advertisement has been taken out in "The Hindu" newspaper and memo has been filed before court on 10.09.2009. In spite of admission of the petition and advertisement, no steps have been taken to make the payment. The matter is being adjourned from 10.09.2009. On 25.11.2011 none appeared for respondent the matter was adjourned to next week. On 02.12.2011 at the request of advocate appearing for responden....