1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO. 874 OF 2009 IN EXECUTION APPLICATION NO. 387 OF 2006 IN ARBITRATION CASE NO. ARB/BMCB/AAM/157/2004 Bombay Mercantile Co-operative Bank Ltd. ... Claimants. V/s. M/s. Gaurav Oceanic Shipping Ltd. & Ors. ... Respondents. Mr. Murtaza Najmi a/w. Pankaj Shah for the Claimants. Ms. Sapana Rachure i/b. T.N. Tripathi & Co. for the Respondents. CORAM : S.C. DHARMADHIKARI, J. DATED : 15TH JUNE, 2009. P.C. :- This Chamber Summons is placed before me because according to the Applicant’s Advocate there is an urgency inasmuch as the time to deposit the installment sum of Rs. 16,50,000/- is expiring on 16th June 2009. 2. By consent of parties, this Chamber Summons is heard and disposed off. Perused the chamber Summons and 2 affidavit in support. There is substance in the objection of the Claimants’ Advocate that Respondent Nos.2(a), 2(b), 4 and 5 had earlier also moved identical Chamber Summons and sought extension of the instalment falling due on the last occasion. Despite the Court granting an indulgence, as far as this installment is concerned (falling due on 16th June 2009), it is stated that some amounts have been paid and the balance sum of Rs.14 lakhs, is unpaid. Time is sought till 31st July 2009. 3. After perusing the Chamber Summons and the affidavit, in the peculiar facts of this case and as a last chance, time to make payment of the installment concerned is extended till 15th July 2009. No further extension will be granted. The Applicant to pay costs of this Chamber Summons quantified at Rs.10,000/- to the Claimant – Decree Holder within two weeks from today. S.C. DHARMADHIKARI, J.