IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN ITS INSOLVENCY JURISDICTION PETITION NO.117 OF 2003 Re: Anil R. Banka S/o Radheshyam H. Banka ..Debtor. Ex-parte: Manipal Finance Corporation Limited .. Petitioning Creditor. ... Mr. Kishore Jain i/b Mr. Tushar Goradia for the Petitioning Creditor. ... CORAM: DR. D.Y. CHANDRACHUD, J. 21st November, 2006. P.C. : The insolvency notice has been set aside in view of the judgment of the Supreme Court in Paramjeet Singh Patheja v. I. C. D. S. Limited (Civil Appeal 4130 of 2006 decided on 31st October, 2006). The insolvency notice was founded on an arbitral award. In view of the judgment of the Supreme Court, the Insolvency Petition would have to be dismissed and is accordingly dismissed.