Kunal,
I hv updated the javabe.ini file as per the above guideleines, and i hv aready included the the the jdk and jre in the path variable:
C:\Program Files\Java\jdk1.6.0_45\bin;C:\Program Files\Java\jdk1.6.0_45\jre\bin\server;C:\Program Files\Java\jdk1.6.0_45\jre\lib;
I m using a 32 bit machine.
thanks
Pooja