1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. CHAMBER SUMMONS NO.795 OF 2009 IN EXECUTION APPLICATION NO.197 OF 2004 IN ARBITRAITON MATTER NO.2 OF 2001 The National Small Industries Corpon.Ltd. ...Claimants. Vs. M/s.Kamal Traders & Ors. ...Responents. ... Asset Reconstruction Co. India Ltd. ...Applicants .... Mr.Bajpai with Mr. R.J. Singh for the Claimant. Mr.Rushabh Shah i/b. Merlyn Monteiro for the Applicant. Mr.Jaideep Mitra i/b. Deven Dwarkadas & Partners for Respondent Nos.3A and 3B. ..... CORAM : DR.D.Y.CHANDRACHUD, J. September 30, 2009. P.C. The Learned Advocate appearing on behalf of the Applicant states that in view of the judgment of the Supreme Court in Allahabad Bank Vs. Canara Bank, A.I.R. 2000 SC 1535, the Applicant is advised to move the Recovery Officer for executing the 2 Recovery Certificate in accordance with the provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. Accordingly, permission is sought to withdraw the Chamber Summons, leaving it open to the Applicant to seek its remedies under the aforesaid Act. In view of the judgment of the Supreme Court noted above, it would be appropriate for this Court to grant permission to the Applicant to withdraw the Chamber Summons with liberty as prayed. The Chamber Summons is dismissed as withdrawn with liberty reserved. .....