1. - This winding up petition has been filed under sections 433 and 439 of the Companies Act, 1956. It is submitted by Mr Paras Kuhad, learned counsel, that respondent company through Shri Kishore Singh, Managing Director, on behalf of the National Motors Company for Gehlot Enterprises Ltd., took a loan of Rs. 1,50,000 on 26 October, 1989, and executed a promissory note in favour of the petitioner, photostat copy of which is Annexure 1 and, thereafter, original promissory note has also been placed on record. The interest to be paid was at the rate of 18% per annum. The above mentioned amount alongwith interest remains unpaid, inspite of several requests made for payment of the same. Statutory notice dated 18 December, 1991 (Annexure 2), under section 434 of the Companies Act, was served on the respondent, calling upon it to pay the above mentioned amount alongwith interest at the rate of 18 per cent. per annum. This amount comes to Rs. 2,08,500 upto 25 December, 1991. However, inspite of the receipt of the said notice, the respondent company has failed to pay the said amount. The respondent company desired to have a photostat copy of the promissory note executed by Shri Ki