1 chs2000-09 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION rpa CHAMBER SUMMONS NO. 2000 OF 2009 IN EXECUTION APPLICATION NO. 62 OF 2009 IN ARBITRATION PROCEEDING NO. 28 OF 1999 M/s. Manipal Finance Corporation Ltd. .. Petitioners (Claimants) v/s. Jay Agrochem Ltd. & Ors. .. Respondents (Applicants) .... Mr. Ramesh C. Jain for the petitioners. Mr. H. B. Thakker for the respondents. .... CORAM : R. S. MOHITE, J. DATE : JULY 26, 2010. P.C. This is a chamber summons taken out by respondent no.3 for setting aside of the execution as against respondent no.3 on the ground that respondent no.3 is an insolvent. The advocate appearing for respondent no.3 states that respondent no.3 is adjudicated to be insolvent as of today. 2. In this view of the matter, the chamber summons is 2 chs2000-09 allowed in terms of prayer clauses (a) and (b). Liberty to the claimant to move in case the insolvency is lifted. 2. The chamber summons is, therefore, disposed of. [ R.S. MOHITE, J. ]