1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO.167 OF 2008 IN EXECUTION APPLICATION NO.95 OF 2002 IN ARBITRATION CASE NO.26 OF 2000 Pushpa D. Shah as the sole proprietorix of M/s. Deepam Yarn Traders ...Plaintiff/Decree Holder Vs. Smt.Santosh Sharma, the sole proprietorix of M/s.Sputnik Industries ...Defendants / Judgment Debtor And Dena Bank ...Applicant/ Intervenor Mr.H.Gada i/b. Harakhchand & Co for Plaintiff Mr. Asif Iqbal I. Patel for Applicant Mr.Mesta Commissioner present CORAM: SMT.ROSHAN DALVI, J. DATED: 5TH MAY, 2008 P.C. 1. The Reserve bid is fixed at Rs.25 lacs as on 23 rd July 2007. The prices have since risen. The bid of the Applicant is Rs.22 lacs. This application is to match the reserve bid/price. The Applicant's Advocate states that since the reserve price is Rs.25 lacs, the bid may be Rs.25,50,000/- . 2 That is a very reasonable figure. The Applicant accepts that figure. The price is now fixed at Rs.25,50,000/- for Gala No.309, 3 rd floor, Hiren Light Industrial Estate, Moghul Lane, Mahim, Mumbai- 400 016. 2. The Commissioner to proceed accordingly. 3. Chamber Summons is disposed off accordingly. (SMT. ROSHAN DALVI, J.)