IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C.R. No. 4422 of 2011 Date of decision: 25.7.2011 M/s Santosh Knitwears … Petitioner versus Punjab Financial Corporation and others … Respondents CORAM: HON’BLE MR. JUSTICE ARVIND KUMAR Present: Mr. A.C.Jain, Advocate, for the petitioner ... ARVIND KUMAR, J: The present petitioner is the judgment-debtor in the execution filed by the decree-holder in pursuance of the decree dated 1.4.2002 titled Punjab Financial Corporation, Chandigarh v. M/s Santosh Knitwears and others. The present petitioner-JD moved an application for staying of the execution proceedings on the ground that reference under Section 15(1) of the Sick Industrial Companies (Special Provisions) Act,1985, is pending with the Board of Industrial and Financial Reconstruction and also pointed out that it was an ex-parte decree. The application has been dismissed vide the impugned order. Hence, this revision. Heard. A bare perusal of the impugned order indicates that the executing Court has observed that the ex-parte judgment and decree is as good as a contested judgment and decree unless it is set aside. No documentary evidence has been placed on record to indicate that the said reference is pending. Even in this revision, no document has been annexed to support the same. In this back-drop, the application afore-stated has been rightly dismissed by the Court below. No interference is called for. The revision petition is dismissed. July 25, 2011 ( ARVIND KUMAR ) JS JUDGE