Dear Mohan,
I have tested it successfully with OneNote in Local machine and its working fine.
My issue is when I provide address on the skydrive Folder Path for the OneNote Book Location it doesn't work.
Where I share the folder publically on Skydrive these are the URL provided by OneNote -
Click to open the notebook in OneNote:
onenote:https://d.docs.live.net/145e2738bace1fb2/NAV2013OneNote/NAV2013/
Click to open the notebook in Web browser:
https://skydrive.live.com/edit.aspx/NAV2013OneNote/NAV2013?cid=145e2738bace1fb2&id=documents?&
I tried using both the URL for folder address but it throw error.
Regards,
Saurav Dhyani