Hi,
My problem has been solved.. 
Find the attached Wifishield Library that I found on github.com
I followed this particular steps as mentioned in the forum from which i got the solution...
previously I had downloaded many libs and then copied them in library folder etc..but it didnt work..
So..I dont know due to library name conflict or so..it insisted to make a wifi lib folder as WiFly ONLY.
I followed this particular steps as mentioned in the forum from which i got the solution...
Unzip it. Create a new folder named WiFly in Adruino\arduino-1.0.3-windows\arduino-1.0.3\libraries\WiFly
Now Copy the contents of unzipped folder into ur Adruino\arduino-1.0.3-windows\arduino-1.0.3\libraries\WiFly .
Restart ur Adruino IDE and open the TCP example from WiFly->example->TCP.
compile n opload it.
open the serial monitor .. and c the Wifly module get initialised.
Ulka
WifiShield.zip (4.21 KB)